Xintian Green Energy will publicly issue 1 billion yuan of green corporate bonds

A few days ago, China Xintian Green Energy Co.
, Ltd.
said that it will publicly issue 1 billion yuan of renewable energy green enterprise bonds
.

Xintian Green Energy will publicly issue 1 billion yuan of green corporate bonds

The first tranche of the 2018 renewable energy corporate bonds will include an initial issuance of $500 million and an over-allotment of $500 million
.

As a wind farm operator and gas retailer, Xintian Green Energy said the funds will be used for the construction, operation and acquisition of green projects and to repay loans
for green projects.

Green corporate bonds will be issued
to accredited investors between March 9 and March 13.
The maturity of the bond is three years of interest accumulation, which can be renewed or repaid
at maturity.
The bonds will pay interest annually at a fixed rate, with an indicative coupon rate between
5.
50% and 6.
50%.

，