Carey Olsen advises Beijing Energy International Holding Co. Ltd on $40 million green bond issuance
凯瑞奥信 (Carey Olsen) 为京能国际控股有限公司成功发行 4 千万美元的绿色债券提供法律服务
Carey Olsen's corporate team in Hong Kong has advised leading global eco-development solutions provider Beijing Energy International Holding Co. Ltd ("Beijing Energy International") on the Bermuda law aspects of a $40 million green bond issuance.
全球领先的生态发展解决方案供应商京能国际控股有限公司（“京能国际”）成功发行了4000 万美元绿色债券。在此次发行过程中，凯瑞奥信香港企业团队就百慕大法律事宜提供了专业咨询
On 2 April 2024, Beijing Energy International successfully issued the bond, featuring a term of two years and a historically low coupon rate of 2.70%. The issuance was oversubscribed by 3.04 times.
The issuance, conducted under the green asset-backed special plan (ABS) for supporting rural revitalisation of Beijing Energy International's phase-I supply chain financing, provides a stable financial foundation for the continued development of the company.
China Merchants Asset Management served as the manager, with China Merchants Securities acting as the underwriter.
The Carey Olsen team comprised partner Michael Padarin and associate Calvin Lee.
Michael Padarin commented: "We are pleased to have been able to assist Beijing Energy International on this deal, which is the first overseas entity supply chain project led by a state-owned enterprise in the electric power and green financing markets. This deal showcases the strength of Carey Olsen's global debt capital markets team, and particularly our Hong Kong office's growing expertise in handling complex transactions like this."
2024 年 4 月 2 日，京能国际成功发行债券，债券期限为两年，票面利率为 2.70%，创京能国际公开发行债券产品历史最低利率。此次发行全场认购倍数3.04倍。
此次债券是依京能国际供应链金融第1期绿色资产支持专项计划而发行，以支持乡村振兴，并为公司的持续发展提供了坚实的资金基础。
招商资产管理有限公司 (China Merchants Asset Management) 为专项计划管理人，招商证券股份有限公司 (China Merchants Securities) 为销售机构。
此次提供服务的凯瑞奥信团队为合伙人彭德贤 (Michael Padarin) 和律师李典昭 (Calvin Lee) 。
彭德贤表示：“我们非常荣幸能够协助京能国际完成此次交易，这是电力及绿色融资市场中首个由国有企业主导的海外实体供应链项目。此次交易不仅展示了凯瑞奥信全球债务资本市场团队的出色实力，也特别体现了我们香港办公室处理此类复杂交易的专业技能。"
