CTG Successfully Issued China's Largest-Amount Green Corporate Bonds
On August 30, 2016, CTG successfully issued RMB 6 billion green corporate bonds, the largest amount in China, at Shanghai Stock Exchange. The green bonds are certified by Ernst & Young in accordance with international standards. All of the funds raised will be used for development of Jinsha River cascade hydropower.
This offering represented CTG's return to the exchange market bookkeeping pricing after its trans-market issuance of corporate bonds in 2009, and attracted eager investors to subscribe.
This offering attracted more than 50 institutional investors to subscribe. CTG's credit highlights are highly accepted among market investors.
CITIC Securities acted as the lead underwriter and bookrunner, and CITIC Construction Securities as the co-lead underwriter in this offering of corporate bonds.