China Construction Bank is one of the largest banks in China and globally. This bond will refinance loans that they have made to companies that have build projects in the relevant Sector Criteria.
For example, the loan portfolio includes loans made to a 344km electrified railway, a 200MW wind farm and a sewage treatment plant.
The 2018 bond was issued through their Luxembourg branch.
The 2019 bond was issued through their Hong Kong branch.
The 2020 bond was issued through their Hong Kong branch.
|NAME OF BOND||
DATE OF ISSUE
|TYPE OF INSTRUMENT||
JURISDICTION OF ISSUE
CLIMATE BONDS SECTOR CRITERIA
|ANNUAL REPORT||FURTHER INFORMATION|
|2018 Green Bond||September 2018||Use of proceeds||EUR 500m (USD 589m)||3 years||China||
Wind, Marine Renewable Energy
Water Infrastructure, Low Carbon Transport
|pre issuance report|
|2019 Green Bond||October 2019||Use of proceeds||EUR 500m (USD 558m)||3 years||China||Wind||pre issuance verification|
|2019 Green Bond||October 2019||Use of proceeds||USD 1 billion||3 years||China||Low Carbon Transport||pre issuance verification||Global Capital article|
|HK Branch 2020 Green Bond||August 2020||Use of proceeds||USD 1.2 billion||3, 5 years||China||Low Carbon Transport||pre issuance verification|