Green Bond Fact Sheet

A fact sheet detailing a green asset-backed security (ABS) issued by China Kangfu International Leasing on November 27, 2018, to fund low-carbon assets.

• China Kangfu International Leasing issued a Green ABS on November 27, 2018, with a total amount of CNY 1.856 billion (USD 267 million) and a maturity date of December 21, 2027.
• The proceeds from the 5-tanche deal are earmarked for distributed solar and wind projects, and the deal is backed by leases on solar assets.
• The Climate Bonds Initiative notes that the deal adheres to Shanghai Stock Exchange rules requiring a minimum of 70% of proceeds to be used in green sectors. While some proceeds appear to be in cash, the deal is deemed eligible because the proceeds are earmarked for low-carbon assets and the underlying cash flows relate to low-carbon assets.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-11%20CN%20China%20Kangfu%20International%20Leasing.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-11%20CN%20China%20Kangfu%20International%20Leasing.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=31 December 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-11%20CN%20China%20Kangfu%20International%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 = dec, url = {https://www.climatebonds.net/files/drupal-files/files/2018-11%20CN%20China%20Kangfu%20International%20Leasing.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }