Slaughter and May has advised Hong Kong’s MTR Corporation on its first “green bond”, valued at $600 million (HK$4.68 billion).

The proceeds of the 10-year green bond, issued by MTR Corporation under its $4 billion debt issuance programme, will be used exclusively to fund qualifying green investments, such as those relating to low-carbon transportation, energy efficiency, and sustainable transport solutions and real estate properties.

Partner Roger Cheng led the Slaughter and May team. Meanwhile, HSBC, Bank of America Merrill Lynch and Goldman Sachs (Asia) acted as the lead managers for the bond issue.

Slaughter and May partner Roger Cheng has since advised MTR on the annual update of their $4 billion medium term note programme.

Related Articles

Slaughters advises Hong Kong’s MTR Corp on $600 mln "green bond"

by Chris Thomson |

Slaughter and May has advised Hong Kong’s MTR Corporation on its first “green bond,” valued at $600 million (HK$4.68 billion).

Bond fever grips Singapore's rich

by Reuters |

Private banks are driving Singapore's bond market to new heights as wealthy individuals clamour for higher returns.

Bahrain hires 4 banks for new U.S. dollar bond

by Reuters |

The Kingdom of Bahrain, rated Baa2/BBB/BBB, has hired four banks including Citigroup, Gulf International Bank and Standard Chartered to arrange a new US dollar bond issue, according to sources.