Swire Properties has listed its first public Renminbi (“RMB”) bonds (known as “green dim sum” bonds) on the Hong Kong stock market. The company is the first Hong Kong corporate to issue a RMB-denominated public green bond, and the transaction is Hong Kong’s largest-ever corporate green dim sum bonds issuance. The transaction raised an aggregate amount of RMB 3.2 billion, and net proceeds will be used to fund or refinance projects relating to green building development, energy efficiency, renewable energy, sustainable water and waste-water management, or climate change adaptation, as part of Swire Properties’ Sustainable Development 2030 Strategy.
