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PKN Orlen, the Polish oil refiner and petrol retailer, began marketing its debut green bond on Monday, a €500m no-grow seven year. Issuing a green bond would be a bold move for an oil company, but PKN Orlen is being conservative about the assets included and has obtained certification from the Climate Bonds Initiative. -
Chinese state-owned Sinochem Group, an oil and chemicals company, has returned to the loan market after one year for a $500m deal.
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Taiwan’s Quanta Computer is seeking an amendment and extension of an old dollar loan maturing this year.
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China Mengniu Dairy Co has raised a HK$2.3bn ($296m) green loan from a group of three banks.
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Guandong Haid Group Co and Shenzhen Yuto Packaging Technology Co are both making their debuts in the loan market.
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BCS Global Markets, the investment services division of Russia’s largest independent broker, has hired a new treasurer.
