WEIHAI BANK (09677.HK): Completes Issue of RMB 500 Million 2026 Green Financial Bonds (First Tranche) at 1.65% Coupon
- The proceeds from the first tranche of green financial bonds will, in accordance with applicable laws and the approval of the regulatory authorities, be used for green industry projects as stipulated in the Green Finance Supported Projects Catalogue (2025 Edition).
- The use of proceeds also meets the requirements of the Blue Finance Standards (Trial).
- The Bank previously published an announcement on 22 March 2024 and a circular on 28 March 2024 in relation to, among other things, the proposed authorisation to issue financial bonds.
NewTimeSpace News: On 14 September 2026, Weihai Bank Co., Ltd. (stock code: 09677.HK) announced that the Bank has successfully issued its 2026 green financial bonds (first tranche) in the national interbank bond market, with an issue size of RMB 500 million, a coupon rate of 1.65% and a term of three years.
The announcement disclosed that the proceeds from the first tranche of green financial bonds will, in accordance with applicable laws and the approval of the regulatory authorities, be used for green industry projects as stipulated in the Green Finance Supported Projects Catalogue (2025 Edition), and also meet the requirements of the Blue Finance Standards (Trial). The Bank had previously published an announcement on 22 March 2024 and a circular on 28 March 2024 in relation to, among other things, the proposed authorisation to issue financial bonds.
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