In view of the rising popularity of green leases in various markets and the continued significance of sustainable practices, green leases must become an essential development in Hong.
Hong Kong companies have turned up the temperature dial in air-conditioned offices and are using an array of approaches including digital technology to reduce energy consumption and carbon emissions, as the city endures one of the longest hot spells on record.
HONG KONG, June 10, 2022 /PRNewswire/ As part of its ongoing commitment to the New World Sustainability Vision 2030 and environmental, social and governance (ESG) integration, New World Development Company Limited ("NWD", the "Company" or the "Group", Hong Kong stock code: 00017) is pleased to announce it has become the first corporate in the world to issue a USD-denominated social and green dual tranche offering in the public bond markets. With this transaction, NWD also becomes the first non-financial corporate in Asia to issue a USD-denominated Social bond in the public bond markets, as well as the first corporate in Greater China to issue a USD-denominated Green perpetual in the public bond markets. The 5-year USD200 million Social bond (coupon rate: 5.875%), priced at T+290 basis points, and USD500 million Green perpetual bond (couple rate: 6.15%) were oversubscribed by nearly 5 times at its peak, with strong participation from over 100 quality inve