Chicago, June 6 – Bank of Zhengzhou Co., Ltd. recently issued RMB 2 billion of green financial bonds, according to a company notice.
The bonds have a coupon rate of 3.7% and a maturity of three years.
Proceeds will be used for green industry projects.
Previous to this tranche of phase I green financial bonds, a tranche for RMB 3 billion had been issued in 2017 with a coupon rate of 4.7% and a maturity of three years.
The bank is based in Zhengzhou, China, and provides corporate banking, retail banking and treasury business services.
| Issuer: | Bank of Zhengzhou Co., Ltd.
|
| Issue: | Green bonds
|
| Amount: | RMB 2 billion
|
| Maturity: | 2022
|
| Coupon: | 3.7%
|
| Announcement date: | June 6
|
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