Interest payments will be made semi-annually in arrear on June 19 and Dec 19 of each year and first paid on Dec 19.
The proceeds will finance or refinance the eligible green projects that have been undertaken by CICT and its subsidiaries in accordance with CICT’s green finance framework.
DBS Bank, The Hongkong and Shanghai Banking Corporation (HSBC) and Oversea-Chinese Banking Corporation (OCBC)are the joint lead managers and bookrunners. DBS is the green structuring advisor of the bonds.
Units in CICT closed 2 cents lower or 1.02% down at $1.95 on June 8.
