Green Bond Fact Sheet

This fact sheet details a CNY 1 billion green bond issued by Great Wall Guosing Financial Leasing Co Ltd on August 24, 2020, to fund wind and solar energy projects in China.

• Great Wall Guosing Financial Leasing Co Ltd issued a green bond on August 24, 2020, with a total amount of CNY 1 billion and a maturity date of August 24, 2023.
• The proceeds from the bond are designated for assets within the Chinese green bond catalogue, specifically targeting one wind farm project and three solar energy projects.
• The bond was 2.88x oversubscribed and featured a coupon rate of 3.65%, which is lower than the issuer's 2019 green bond coupon of 4.05%. This decrease is attributed to lower interest rates from the PBoC and potential pricing advantages for green bonds.
• Great Wall Guosing Financial Leasing Co Ltd is a government-backed entity based in XinJian Province, owned by the state-owned non-bank financial institution China Great Wall Asset Management Co., Ltd., with total assets of CNY 53 billion.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-08_CH_Great_Wall_Guosing_Financial_Leasing_Co_Ltd.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-08_CH_Great_Wall_Guosing_Financial_Leasing_Co_Ltd.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=31 August 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-08_CH_Great_Wall_Guosing_Financial_Leasing_Co_Ltd.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = aug, url = {https://www.climatebonds.net/files/drupal-files/files/2020-08_CH_Great_Wall_Guosing_Financial_Leasing_Co_Ltd.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }