MTR’s debut green bond thrives on strong EU demand

HK MTR Central station
By Addison Gong
25 Oct 2016

Hong Kong rail operator MTR Corp sold its debut green bond on Monday, attracting orders worth $1.4bn. The deal saw strong support from European accounts in particular, thanks to the rarity and quality of the credit.

Running the transaction on Monday were joint bookrunners and joint lead managers Bank of America Merrill Lynch, Goldman Sachs and HSBC. BAML and HSBC were also the green bond advisers.

The reason MTR opted to go green with its deal was down to its business strategy. 

“It is core ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial