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Published on 10/24/2019 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.

New Issue: China’s Guodian Technology sells RMB 1 billion 4.05% three-year bonds

By Sarah Lizee

Olympia, Wash., Oct. 24 – Guodian Technology & Environment Group Corp. Ltd. said it issued RMB 1 billion of 4.05% three-year targeted debt financing instruments at par on Monday, according to a notice.

Industrial and Commercial Bank of China Ltd. was the lead underwriter.

Beijing-based Guodian specializes in environmental protection and energy saving for coal-fired power plants, as well as renewable energy equipment manufacturing.

Issuer:Guodian Technology & Environment Group Corp. Ltd.
Issue:Targeted debt financing instruments
Amount:RMB 1 billion
Maturity:Three years
Underwriter:Industrial and Commercial Bank of China Ltd.
Coupon:4.05%
Price:Par
Settlement date:Oct. 21

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