|Construction of CTG’s Zhejiang Changlong Pumped Storage Power Plant Project Was Commenced|
China Three Gorges Corporation has announced its first offshore Green Bonds (the Green Bonds) on 5 June 2017.
CTG has mandated Deutsche Bank, J.P. Morgan and Bank of China as Joint Global Coordinators, and Deutsche Bank, J.P. Morgan, Bank of China, UBS, ICBC, Standard Chartered Bank, Natixis and CCB International as Joint Lead Managers and Joint Bookrunners to arrange a series of fixed income investor meetings in Hong Kong, Singapore and Europe commencing on 6 June 2017. The Green Bonds will be issued by Three Gorges Finance II(Cayman Islands) Limited, a wholly owned subsidiary of CTG, and guaranteed by CTG. CTG has Engaged Ernst & Young to perform limited assurance procedures to confirm the alignment of the Green Bonds with Green Bond Principles, 2016.
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