New Issue: Beijing Enterprises unit prices €500 million 1% green bonds due 2025

By Rebecca Melvin

New York, Oct. 21 – Talent Yield (Euro) Ltd. has priced €500 million 1% green bonds due 2025 (Baa1/BBB+/), which are guaranteed by Beijing Enterprises Holdings Ltd., according to a Stock Exchange of Hong Kong Ltd. listing notice.

Agricultural Bank of China Ltd. Hong Kong Branch, Bank of China (Hong Kong), Bank of Communications, CCB International, China Citic Bank International, China International Capital Corp., DBS Bank Ltd. and ICBC International were joint bookrunners for the Regulation S bond.

The listing became effective on Sept. 25.

The diversified company is incorporated in Hong Kong.

Issuer:	Talent Yield (Euro) Ltd.
Guarantor:	Beijing Enterprises Holdings Ltd.
Issue:	Green bonds
Amount:	€500 million
Maturity:	2025
Bookrunners:	Agricultural Bank of China Ltd. Hong Kong Branch, Bank of China (Hong Kong), Bank of Communications, CCB International, China Citic Bank International, China International Capital Corp., DBS Bank Ltd. and ICBC International
Coupon:	1%
Listing date:	Sept. 25
Rating:	Moody’s: Baa1
	S&P’s: BBB+
Distribution:	Regulation S

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