ENN brightens dollar market with green bond

By Morgan Davis
11 Sep 2020

ENN Energy Holdings, one of China’s largest clean energy distributors, raised $750m on Thursday with its green bond debut.

The transaction was the Baa2/BBB/BBB rated borrower’s first green deal, but more green bonds from the company are expected to follow. ENN is set to use green labels for its on and offshore bond sales going forward, replacing its older debt with green bonds, wrote CreditSights in a ...

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