Beijing Enterprises sells maiden green euro bond

By Morgan Davis
18 Sep 2020

Beijing Enterprises Holdings took €500m from its maiden green bond on Thursday, helped by support from the bookrunners on the deal.

The Chinese company, which carries a Baa1/BBB+ rating, has sold euro notes before and wanted to return to the market to fill its needs in the currency, said a syndicate banker on the deal. This time around, the issuer added a green label, tagging its proceeds for sustainable ...

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