Hong Kong’s embattled rail operator has sold a 10-year green bond worth US$1.2 billion in a move seen as an attempt to alleviate the financial damage wreaked upon it by the Covid-19 pandemic.The MTR Corporation said late on Wednesday that it had issued the largest green bond ever offered in the city, under its US$5 billion debt issuance programme, the second time in four years it had tapped into green finance.The corporation said the issuance was oversubscribed with an order book of over US$3…
from South China Morning Post https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3097163/hong-kong-mtr-sells-us12-billion-green-bond
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Thursday, August 13, 2020
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Hong Kong MTR sells US$1.2 billion green bond, largest issued in the city, after Covid-19 crisis leads to its worst financial performance in two decades
Hong Kong MTR sells US$1.2 billion green bond, largest issued in the city, after Covid-19 crisis leads to its worst financial performance in two decades
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