According to the Bank’s website, the proposed project entails up to US$100 million (or equivalent in RMB) IFC investment in the Social Bond to be issued Haier Financial Services China Co., Ltd. IFC will play an anchor investor role in the social bond placement to help catalyze mobilization from other investors.
The bond will follow the Social Bond Principles, as administered by the International Capital Market Association (ICMA) and verified by a second party. As defined under the draft Social Bond Framework prepared by the Company, the bond proceeds will be used to finance healthcare, education, food/agriculture, SMEs in rural China , and women enterprises in order to ease social issues in inequality, food safety, employment, and women enterprises’ access to finance.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Haier Financial Services China Co., Ltd||Client||-|
Haier Financial Services China Co., Ltd.
Mr. Baoquan CHEN
+86 (21) 80256000
20F, Building B, No. 1168 Century Avenue, Pudong New District, Shanghai, China
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