Proceeds from Green Bonds Fully Utilised
The issuance of our first green bond in January 2018 symbolised our deep and ongoing commitment to SD. The bond raised USD500 million at a coupon rate of 3.5% and is due in 2028. In 2020, our commitment deepened further, with the issuance of four more green bonds totalling HKD1,934 million.
As at 30th September 2021, 100% of the net proceeds from these green bonds have been fully utilised. Together with the green loan, the proceeds have been allocated to the following green projects:
Green Buildings
HKD5,891 million
96.5%
We issued our Green Finance Report 2021 which provides information on the green projects funded by our green bonds and green loan and the estimated quantitative environmental impact, including energy and water saving, renewable energy generations and wastewater management practices, among others.