Bank of China : Plans to Announce its First Sustainability Re-Linked Bond Transaction in Offshore Market


Source: marketscreener.com marketscreener.com

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Bank of China Limited ("BOC") plans to announce its first Sustainability Re-Linked Bond transaction in the offshore market in the near term. BOC has established and published Bank of China Limited Sustainability Re-Linked Bond Management Statement (the "Management Statement"). BOC will issue offshore Sustainability Re-Linked Bond in alignment with relinking mechanism as defined in the Management Statement, with reference to the four core components of relevant International Capital Market Association ("ICMA") principles, as well as referring to the five core components of Sustainability Linked Loan Principles 2021, and the proceeds raised from Sustainability Re-Linked Bond will be used to finance...