On March 8, China Nuclear Industry Group Co., Ltd. (hereinafter referred to as “CNNC group” or “issuer”) successfully completed bookkeeping and filing by publicly issuing carbon neutral green corporate bonds (phase I) to professional investors in 2022. The subscription scale of GC is 0.001 billion yuan, and the final coupon rate is 2.07 times that of GC; The issuance scale of variety 2 GC Zhonghe 02 (5-year term) was 2 billion yuan, the coupon rate was 3.45% and the subscription multiple was 3.60 times, which were warmly responded by investors. The funds raised by the bonds are mainly used for business development in the field of green industry, specifically for the construction of wind power and photovoltaic projects and the repayment of early-stage loans for green projects.
CNNC is a super large wholly state-owned enterprise directly managed by the central government and directly supervised by the state owned assets supervision and Administration Commission of the State Council. After 50 years of development, CNNC has established a unique and complete nuclear science, technology and industry system in China. It is the main investor of China’s nuclear power operation and construction, the main body of nuclear power technology development, the most important general contractor of nuclear power design and engineering, the technical service provider of nuclear power operation and the exporter of nuclear power plants. It is also the exclusive supplier of China’s nuclear fuel cycle The professional force of nuclear environmental protection engineering and the backbone of nuclear technology application. In response to the national concept of green and sustainable development and in order to achieve the goal of “carbon peak and carbon neutralization”, the issuer issued this issue of carbon neutralization green corporate bonds.
China Securities Co.Ltd(601066) securities, the lead underwriter of the bonds, said that the Shanghai Stock Exchange has always attached great importance to and actively promoted the green development of the capital market, supported the listing and financing of green enterprises, vigorously developed the green bond market, accelerated the innovation of green index products, deepened the international cooperation of green finance, and made a positive contribution to the realization of the goal of “carbon peak and carbon neutrality”.
