CCB seals $1.2bn return to green

green bond_Adobe_24July
By Alice Huang
29 Jul 2020

China Construction Bank Co sold a $1.2bn dual-tranche green deal on Tuesday, becoming the first Chinese financial institution to sell a green dollar bond this year.

It was the latest market-reopener from the issuer.  CCB sold a Basel III-compliant tier two bond in June, becoming the first Chinese issuer to sell such a deal since the coronavirus pandemic undermined market confidence. This week, the bank returned offshore to reopen the green market for Chinese ...

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