Appleby's Hong Kong office advises China Everbright Greentech on RMB1 billion medium-term note issuance
Appleby’s Corporate team in Hong Kong has acted as Cayman Islands counsel to China Everbright Greentech Limited (China Everbright Greentech), a Cayman Islands company with shares listed on the Main Board of The Stock Exchange of Hong Kong Limited (Stock Code: 1257), in relation to its issuance of the second tranche of the 2024 green medium-term note (MTN) with an issue size of RMB1 billion, registered in the National Association of Financial Market Institutional Investors (NAFMII) in the People’s Republic of China (PRC).
China Everbright Greentech is a professional environmental protection service provider in China, with its businesses focusing on integrated biomass utilisation, hazardous and solid waste treatment, environmental remediation, solar energy and wind power.
The Hong Kong team was led by Partner Vincent Chan. Appleby has previously advised on China Everbright Greentech’s listing on the Hong Kong Stock Exchange in May 2017 and its subsequent registration and issuance of multiple tranches of MTNs.
Vincent commented: “We are pleased to have assisted China Everbright Greentech once again on the successful issuance of green MTNs which reflects the market’s confidence in the company’s dedication and commitment to environmental conservation. This transaction underlines our continued leading position in the debt capital markets in Asia.”
Appleby’s debt capital markets team is well known in the industry and forms a growing core sector of the Group’s Capital Markets practice in Hong Kong. The team continues to advise Cayman Islands, Bermuda and British Virgin Islands issuers in the Asia Pacific region to raise funds by way of various forms of debt and note instruments.
