Project Notice
|
| PNR |
63237 |
| Project Name |
Supporting green and blue infrastructure development and capital market in Viet Nam |
| Project Detail |
To support green and blue infrastructure development in Viet Nam using thematic capital market instruments issued under green and blue bonds framework.
DESCRIPTION
The proposed project envisages AIIB’s subscription of USD75 million in unlisted 5-year USD-denominated green bonds and blue bonds to be issued and privately placed by Southeast Asia Commercial Joint Stock Bank in Viet Nam. Total issuance size is expected to be USD 150 million with IFC financing the remaining USD 75 million. Out of the total size of USD150 million, the expected composition is USD100 million Green Bond and USD50 million Blue Bond. Both the green and blue bonds will adhere to the International Capital Market Association’s Green Bond Principles and IFC’s Blue Finance Guidelines respectively. |
| Funded By |
Asian Infrastructure Investment Bank (AIIB) |
| Sector |
Oil & Gas |
| Country |
Vietnam , South Eastern Asia |
| Project Value |
VND 75,000,000
|
