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Bank of China Plans to Issue its first Blue Bond in Offshore Markets


2020-09-14

Bank of China Limited (“BOC”) plans to issue its first Blue Bonds in the offshore market. BOC has updated Bank of China Limited Sustainability Series Bonds Management Statement. BOC will issue offshore Blue Bonds in alignment with the Green Bond Principles(2018)in terms of the use of proceeds, project evaluation and selection, management of proceeds, and reporting, and all the net proceeds of its offshore Blue Bonds issuances will be used to fund new and existing marine related green projects with environmental impacts. Please refer to the attachments in relation to BOC’s 2020 Blue Bonds.

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