Bank of China Macao markets dual currency green bond on biodiversity theme


adds grade and price indications for the MOP $ tranche

HONG KONG, Sep 23 (IFR) – Bank of China branch in Macau markets a dual-currency Reg S green bond offering on the theme of biodiversity in two tranches.

The initial price direction for a two-year benchmark Dim Sum bond is 3%, while that of a two-year benchmark note denominated in Macao Patacas is 0.85%.

The senior unsecured bonds have expected ratings of A1 / A / A, in line with the issuer, and will be drawn under the bank’s $ 40 billion MTN program.

They will be priced today.

The proceeds will be used to finance and / or refinance qualifying green biodiversity-related projects under the Bank of China Sustainability Series Bond Management Statement.

Bank of China, Crédit Agricole, HSBC, BNP Paribas, Bank of Communications, China Everbright Bank Hong Kong branch, Citigroup, CLSA, Mizuho, ​​Shanghai Pudong Development Bank Hong Kong branch, SPDB International and Standard Chartered are co-lead managers and associated bookkeepers for the Dim Sum section.

Branch of Bank of China in Macao, branch of Agricultural Bank of China in Macao, Banco Nacional Ultramarino, branch of BOCOM in Macao, branch of China Construction Bank Corporation in Macau, ICBC (Macao) and Luso Bank are co-leaders and co-bookkeepers of the pataca segment.

(Reporting by Jihye Hwang; Editing by Vincent Baby)

((; +852 3853 4474))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


About Rodney Fletcher

Check Also

This pharmaceutical company is growing – Here’s how to invest

LLast week, Danish pharmaceutical company Novo Nordisk announced that its first quarter earnings beat estimates, …

Leave a Reply

Your email address will not be published. Required fields are marked *