Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Modern Land (China) Co., Ltd. > News item |
China’s Modern Land mandates banks for dollar-denominated green notes
By Angela McDaniels
Tacoma, Wash., Oct. 12 – Modern Land (China) Co., Ltd. plans to conduct an international offering of dollar-denominated senior green notes, according to a company announcement.
Guotai Junan Securities (Hong Kong) Ltd., Morgan Stanley & Co. International plc and Hongkong and Shanghai Banking Corp. Ltd. are the joint global coordinators. Guotai Junan, Morgan Stanley, HSBC, UBS AG Hong Kong Branch, VTB Capital plc and Zhongtai International Securities Ltd. are the joint bookrunners and joint lead managers, and HSBC and Skandinaviska Enskilda Banken AB are the joint green structuring advisers.
The proceeds of the Regulation S notes will be used to fund existing projects and businesses with environmental benefits in alignment with the Green Bond Principles, by way of refinancing existing debt in relation to these projects.
Modern Land is a property developer is based in Beijing.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.