By William Gullotti
Buffalo, N.Y., March 7 – CSSC (Hong Kong) Shipping Co. Ltd. issued RMB 1 billion of 3.3% medium-term notes with a three-year tenor (Dagong Global: AAA) on Monday, according to an announcement Tuesday.
The offering is sustainability-linked and marks the company’s first issue of medium-term notes in 2023.
The bonds were publicly issued on China’s inter-bank bond market.
The ship leasing company is based in Hong Kong.
| Issuer: | CSSC (Hong Kong) Shipping Co. Ltd.
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| Amount: | RMB 1 billion
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| Issue: | Medium-term notes (sustainability linked)
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| Tenor: | Three years
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| Coupon: | 3.3%
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| Issue date: | March 6
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| Announcement date: | March 7
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| Rating: | Dagong Global: AAA
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