Geely Auto gearing up for inaugural dollar green bond

By Rev Hui
31 Mar 2016

Geely Automobile Holdings is laying the groundwork for a dollar-denominated green bond that is expected to launch in the middle of the year.

The Ba2/BB+ rated firm is planning to raise about $300m-$400m. A source close to the company said the transaction is tentatively scheduled to launch in May.

Geely is in the process of obtaining green accreditation for the transaction. The proceeds are earmarked for a new manufacturing plant that ...

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