Zhongshan successfully issued the first green bonds of Macao non-financial enterprises

2021-12-09

On December 6, Mingyang Smart Energy Group Co., Ltd., a private enterprise in Zhongshan City, Guangdong Province (hereinafter referred to as "Mingyang smart"), successfully issued US $200 million green bonds in the Macao bond market. The term of the bonds is 3 years and the coupon rate is 1.6%. The raised funds will be invested in the construction of the integrated demonstration project of "huofengguang storage, system and research" in Tongliao, Inner Mongolia. It is reported that this is the first green bond issued by non-financial enterprises in Macao bond market and the first private enterprise bond issued by mainland enterprises in Macao bond market. With the support of the whole process of financial services, the bonds issued by Mingyang intelligence successfully attracted the active participation of mainland, Hong Kong, Macao and European investors. The maximum subscription multiple was nearly three times, and the final bond issuance interest rate was 1.6%.

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