Cifi sells inaugural green bond

By Morgan Davis
14 Jul 2020

Cifi Holdings (Group) Co sold its first green bond on Monday, raising $300m from a deal that received $2.25bn of investor order at its peak.

The Ba3/BB/BB rated Chinese borrower, an investment holding company focused on the property sector, was recently given a $1.44bn offshore issuance quota.

Cifi decided to use a green label for its new transaction as it wants to refinance a $300m syndicated loan due in September, which ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial