Baosteel issues China’s first low-carbon transition green corporate bond

China’s Baoshan Iron & Steel (Baosteel), a Shanghai-based subsidiary of the world’s biggest steelmaker Baowu Group, on Tuesday May 24 successfully issued the first phase of a low-carbon transition green corporate bond for professional investors in 2022 on the Shanghai Stock Exchange.

The bond is the first low-carbon transition green corporate bond in the country, with the first phase hitting an issue size of 500 million yuan ($75 million) for a rate...

Published

Zihuan Pan

May 26, 2022

08:33 GMT

Shanghai