Green Bond Fact Sheet
Summary
A fact sheet detailing a Green Asset-Backed Security (ABS) issued by China Resources Leasing Co., Ltd. on May 8, 2018, to fund solar and wind energy projects in China.
Key insights
- China Resources Leasing Co., Ltd. issued a Green ABS totaling CNY 1.347 billion (approximately USD 213 million) on May 8, 2018, with a maturity date of October 27, 2027. The issuance was structured in four tranches and received a credit rating of AA from Dagong Credit Rating.
- The proceeds from the Green ABS will be fully allocated to 27 solar farms and one onshore wind farm. While the underlying assets backing the ABS consist of receivables from 76 leasing deals across five industries—including ships, hospitals, and the built environment—the Climate Bonds Initiative supports the issuance because the funds raised are dedicated to wind and solar farms across China.
- China Resources Leasing Co., Ltd. is a financial leasing company owned by the China Resources Group, which is a state-owned conglomerate under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council.
Cite the original document
- APA
- Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-05%20CN%20China%20Resource%20Leasing.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-05%20CN%20China%20Resource%20Leasing.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=8 May 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-05%20CN%20China%20Resource%20Leasing.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = may, url = {https://www.climatebonds.net/files/drupal-files/files/2018-05%20CN%20China%20Resource%20Leasing.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated