Press Release from Carey Olsen, Tuesday 16 April, 2024.
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.
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’s new beneficiary owner filing measures require business entities, except individually owned businesses, to submit their beneficiary owner information starting November 1, 2024. A one-year grace
African countries now have to pay a CO2 border tax when exporting to Europe and are burdened with a huge amount of paperwork before they’re even allowed to export to the EU. There is a risk that this
The World Bank priced the first CHF digital bond by an international issuer, which will settle using Swiss Franc wholesale Central Bank Digital Currency (wCBDC) provided by the Swiss National Bank (SNB).
Only 62 new hedge funds launched in Asia last year, the lowest number since 2009 and just 15 were China-focused funds, data provider Preqin said. But Japan-focused funds more than doubled to 19. WHY