China Minsheng Banking (SHA:600016) raised 10 billion yuan through the issue of its first tranche of 2025 green financial bonds.
The three-year bonds, which carry a 1.7% coupon rate, were issued Tuesday, according to a Wednesday filing with the Shanghai bourse.
Proceeds will be used to fund green industry projects in line with the Green Bond Support Project Catalog.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments