China Conch Venture Sells 1.54 Billion Yuan Bonds
China Conch Venture (HKG:0586) issued two tranches of green bonds worth a total of 1.54 billion yuan in China, according to a Monday Hong Kong bourse filing.The bonds carry a coupon rate of 1.75% without guarantee and will fall due in five years.The environmental protection company will use proceeds to repay certain previously issued bonds about to reach maturity.