Industrial and Commercial Bank of China $1.58 billion green bond issue

3/7/2018
Green bond issue

$ 1.58 billion

Announced

3/7/2018


Overview:

  • ICBC London Branch has issued the largest ever green bond listing on the London Stock Exchange.
  • The issue consists of three floating rate tranches - a $500 million three-year tranche, $500 million five-year tranche and a €500 million three-year tranche.
  • It is the second Certified Climate Bond that ICBC has issued following a $2.1 billion Luxembourg green bond issue in 2017.

Mihail Georgiev - Data analyst

Jurisdiction:

United Kingdom

Deal type:

Green bond issue

Practice area:

Capital markets : Debt

Governing law:

England and Wales

Industry sector:

Banking


Firm:

Party: Industrial and Commercial Bank of China (Issuer)

Lawyer: Sirae Chen