Bank of China Limited Frankfurt Branch Plans to Issue its August 2024 SGS Bonds in Offshore Markets
2024-08-13
Bank of China Limited Zweigniederlassung Frankfurt am Main Frankfurt Branch (Bank of China Limited Frankfurt Branch) plans to issue August 2024 SGS bonds in the near term, net proceeds of the issuance will be used to finance and/or refinance Eligible SGS simultaneously. Eligible SGS are a composite of sustainability-linked loan(s), green loan(s), and social loan(s). The use of proceeds, evaluation and selection of Eligible SGS, management of proceeds, and reporting for these SGS bonds will refer to the Guidelines for Sustainability-Linked Loans financing Bonds (2024 edition), and the latest guidelines such as Green Bond Principles(2021 edition) and Social Bond Principles (2023 edition) by the International Capital Market Association, and Eligible SGS comply with the latest relevant loan market principles, namely the Sustainability-Linked Loan Principles (2023 edition), Green Loan Principles (2023 edition), and Social Loan Principles (2023 edition). Based on these latest guidelines and relevant loan market principles, Bank of China Limited Frankfurt Branch has established the "SGS Bond Framework", to guide the Branch's SGS Bond issuance.
Please refer to the attachments in relation to Bank of China Limited Frankfurt Branch August 2024 SGS Bonds: