Published on 7/29/2022 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.
New Issue: China’s Excellence Commercial sells $100 million 4.3% green bonds due 2025
By Mary-Katherine Stinson
Lexington, Ky., July 29 – Excellence Commercial Management Ltd. priced $100 million of 4.3% credit-enhanced guaranteed green bonds due 2025 (A1), according to a notice.
The real estate development company is based in Shenzhen, China.
| Issuer: | Excellence Commercial Management Ltd.
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| Issue: | Credit-enhanced green bonds
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| Amount: | $100 million
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| Maturity: | July 29, 2025
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| Coupon: | 4.3%
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| Issue date: | July 29
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| Listing date: | Aug. 1
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| Rating: | Moody’s: A1
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| ISIN: | XS2506382642
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