Carey Olsen advises Beijing Energy International Holding Co. Ltd on $40 million green bond issuance

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.

13 June 2024

UAE: More UK hedge fund firms plan to open offices in Abu Dhabi

Abu Dhabi is courting two of the biggest hedge funds from the UK, with a combined total of $95 billion in assets under management, as the emirate looks to expand its financial ecosystem. The $65 billion

Read More
18 October 2024

UK: Tax advisor predicts major changes in Labour’s first budget

A tax advisor has predicted big changes in Labour’s first budget. Tony Medcalf, a tax partner at the accountancy and business advisory firm MHA in Kendal, shared his thoughts on the potential

Read More
11 October 2024

US: Trump vows to eliminate US income taxes on Americans abroad

His pledge could simplify the tax obligations for US citizens who live overseas. Americans, regardless of where they live in the world, have to file tax information with the Internal Revenue Service

Read More
22 January 2024

CAYMAN ISLANDS: Cayman Finance applauds EU recognition of the strength of Cayman Islands AML regime and decision to remove jurisdiction from list of high-risk countries

Press Release from Cayman Finance, Monday 22 January, 2024. Cayman Finance is applauding the European Union’s recognition of the effectiveness of the Cayman Islands’ AML/CFT regimes and decision

Read More