安理国际律师事务所（“A&O”）近日协助中国工商银行多家分行成功发行“碳中和”主题绿色债券。本次发行包含四个币种、五笔不同年期债券，发行总金额约为26.7亿美元。
本次发行债券在香港交易所、新加坡交易所、伦敦交易所和纳斯达克迪拜交易所上市。这是工商银行200亿美元中期票据计划的一部分，去年10月，A&O已协助工商银行多家分行在该计划下完成部分债券发行，彼时发行金额约为31.4亿美元。
本次发行募集资金将用于工商银行相关绿色资产的融资和/或再融资，以倡导环境保护、推动可持续经济发展和应对气候变化。
A&O作为联席全球协调人、联席牵头经办人和联席账簿管理人的国际法律顾问，向超过50家银行提供了法律服务。其香港团队由合伙人曾舒颕牵头，余家音、卢咏诗、吴紫焜和渠赟提供协助；新加坡团队由合伙人陈俊良牵头，刘静娅、沈莉婷和陈杰义提供协助；迪拜团队由合伙人Anzal Mohammed牵头，Helen Stephen提供协助。
近年A&O参与了多起ESG债券发行项目，包括2021年4月协助中国建设银行发行ESG主题债券、1月协助中国银行发行首笔双币种气候转型债券等。
A&O on ICBC’s issuance of $2.67 bln multi-branch carbon neutrality-themed green bond
Allen & Overy has advised a consortium of over 50 banks acting in various capacities on Industrial and Commercial Bank of China’s (ICBC) multi-branch carbon neutrality-themed green bond issuance, which is a four-currency, five-tranche transaction with a total amount of over $2.67 billion.
The bonds are listed across the Hong Kong Stock Exchange, the Singapore Stock Exchange, London Stock Exchange (International Securities Market), as well as Nasdaq Dubai. The issuance is part of ICBC’s $20 billion global medium term note program, which A&O has already assisted back in October 2021 with a transaction volume of $3.14 billion.
The proceeds will be used to finance and/or refinance certain Eligible Green Assets defined in the ICBC Green Bond Framework to promote environmental protection, sustainable economic development, and combating climate change.
A&O has advised the joint global coordinators, joint lead managers and joint bookrunners in the deal. Its Hong Kong team was led by partner Agnes Tsang, with support from Jiayin Yu, Erica Lo, Gordon Ng and Eileen Qu. The Singapore team was led by partner Aloysius Tan, with support from Angela Liu, Celine Sim and Andre Tan. The Dubai team was led by partner Anzal Mohammed and supported by Helen Stephen.
A&O has advised on a number of ESG-related bonds recently, including China Construction Bank’s multi-tranche, multi-currency ESG-themed bonds last April, and Bank of China’s first dual-currency climate transition bonds last January.
