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to-the-point: Dongjiang Environmental gets nod for CNY-1bn green bonds issue

Author: Suez Environment. License: All rights reserved.

December 15 (SeeNews) - Chinese waste management firm Dongjiang Environmental Co Ltd (HKG:0895) said Wednesday it has been given an official go-ahead for a CNY-1-billion (USD 145m/EUR 137m) green corporate bond placement.

The public issuance was approved by the China Securities Regulatory Commission (CSRC). The planned use of proceeds was not disclosed in the statement.   

The notes will be issued in tranches, the first one of which is to be wrapped up within a year. The approval for the entire amount will be valid for 24 months.

(CNY 1.0 = USD 0.145/EUR 0.137)

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