Great Wall Guosing Financial Leasing issues green finance bonds

On June 17, 2019, Great Wall Guosing Financial Leasing successfully issued the first phase of the green finance bond “19 Great Wall Guosing Leasing Green 01” in 2019, with an issue size of 2 billion yuan with a maturity of 3 years. The issue interest rate is 4.05%.

On June 17, 2019, Great Wall Guosing Financial Leasing successfully issued the first phase of the green finance bond “19 Great Wall Guosing Leasing Green 01” in 2019, with an issue size of 2 billion yuan with a maturity of 3 years. The issue interest rate is 4.05%.

China Chengxin Credit Management conducted a green assessment certification on the bonds of the current issue, awarded it a G-1 rating, and confirmed that the investment of the funds raised by the bonds was in line with the announcement No. 39 of the people’s Bank of China [2015] and its appendix called Green Bond Endorsed Project Catalogue (2015 Edition).

The current bond-raising projects of Great Wall Guosing Leasing involve energy conservation, clean transportation and clean energy.

China Chengxin Credit Management assesses the environmental benefits of the proposed project. It is estimated that about 2.4307 million tons of standard coal, 6.4899 million tons of carbon dioxide, 63166.18 tons of sulfur dioxide and 54277.29 tons of nitrogen oxides can be reduced every year.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/08/great-wall-guosing-financial-leasing-issues-green-finance-bonds/.

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