Six banks to bring Brics Bank’s green bonds in RMB

china_dragon1_230px
By Carrie Hong
21 Apr 2016

The New Development Bank Brics (NDB) has appointed four Chinese banks and two internationals banks to work on a renminbi-denominated green bond to be sold to Chinese onshore buyers.

Bank of China has been mandated as the lead manager on the deal, with China Development Bank (CDB), China Construction Bank (CCB), Industrial and Commercial Bank of China (ICBC), HSBC and Standard Chartered in the underwriting group, according to sources.

The issuer has applied to the People’s Bank of ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial