Hong Kong grows green market with dollar bond

hong kong px230
By Morgan Davis
09 May 2019

The Hong Kong government is meeting with international investors this week in an effort to court attention for its debut green bond. The transaction has been expected for more than a year, with Hong Kong and green enthusiasts hoping that a sovereign deal can launch the city as a hub for sustainable financing. Morgan Davis reports.

Hong Kong has named Crédit Agricole and HSBC as global co-ordinators and green structuring banks on its proposed 144A/Reg S transaction. The notes are expected to receive an AA+ rating from both S&P and Fitch, in line with the borrower’s Aa2/AA+/AA+ rating.

A roadshow kicks off on May ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial