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China’s ENN Energy plans to price dollar-denominated green notes
By Rebecca Melvin
New York, Sept. 8 – ENN Energy Holdings Ltd. plans to sell U.S. dollar-denominated green notes under Rule 144A and Regulation S, according to notice with the Stock Exchange of Hong Kong, Ltd.
The Hongkong and Shanghai Banking Corp. Ltd., Morgan Stanley & Co. International plc, Citigroup Global Markets Inc., Standard Chartered Bank, J.P. Morgan Securities plc, MUFG Asia Securities Ltd. and Westpac Banking Corp. are joint bookrunners and joint lead managers of the deal.
The proceeds will be used for refinancing group debt and to fund and/or refinance capital or operating expenditures, including research and development, construction, acquisition and operations on new or existing eligible green projects.
The gas operator and clean energy distributor in China is incorporated in the Cayman Islands.
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