![]() Information on how the net proceeds will be allocated will be available on Swire Properties’ corporate website. These “Eligible Green Projects” are listed in the Green Bond Framework and are related to green building development, energy efficiency, renewable energy, sustainable water and waste-water management, or climate change adaptation. The net proceeds from the green dim sum bonds – which are part of Swire Properties’ Sustainable Development (SD) 2030 Strategy, will be used to fund or refinance the Company’s existing or new eligible green projects. The green dim sum bonds are set to be issued and listed on the Hong Kong Stock Exchange on 26 July 2023. The transaction raised an aggregate amount of RMB3.2 billion, of which RMB2.5 billion at a coupon rate of 3.30% due in 2025 and RMB700 million at a coupon rate of 3.55% due in 2028. ![]() The transaction also represents the largest-ever corporate green dim sum bonds issuance in Hong Kong. ![]() Swire Properties announced today that it had successfully priced its inaugural public Renminbi (RMB) green bonds (“green dim sum bonds”), making the Company the first Hong Kong corporate to issue a RMB-denominated public green bond, and the first Hong Kong corporate to return to the public dim sum bonds market since 2019. Accelerate the Company’s green projects, and help raise Hong Kong’s status as international offshore RMB trading hub
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