GC
CMB paves Greater Bay Area green
China Merchants Bank (CMB) sold its first green bond on Wednesday, taking $800m on the back of support from sustainability-focused investors.
CMB’s green bond, which was sold through its Hong Kong branch, was focused on low-carbon transportation. The proceeds will be used to finance and/or refinance loans under the bank’s green, social and sustainability framework.
In particular, it will focus on the development of green urban transportation in ...Already a subscriber? Login
