MTR Corporation issues HK$18.888 billion triple-tranche green bond to fund sustainable transport infrastructure in Hong Kong

MTR Corporation priced a HK$18.888 billion (approximately $2.4 billion) triple-tranche green bond, marking the largest corporate green bond in Asia-Pacific and the largest HKD bond transaction in the market. The issuance included record-breaking tranche sizes across all three tenors, including the largest 30-year HKD bond ever issued in the market. Crédit Agricole CIB served as Joint Global Coordinator, Joint Bookrunner, and Joint Lead Manager for the transaction, which attracted over 3x oversubscription from a diverse pool of institutional investors. Proceeds will fund eligible green investments under MTR Corporation's sustainable finance framework, supporting its long-term sustainability objectives and low-carbon transport development in Hong Kong. The bond issuance strengthens MTR Corporation's financial flexibility and diversifies its funding sources amid macroeconomic complexity.

Counterparts (3)

Investor

Credit Agricole CIB

company · 4 deals

Credit Agricole CIB acted as a lender in one verified deal: the $870.75M green bond financing for a solar project in the United Arab Emirates. This single deal highlights their activity as a lender in the renewable energy sector, specifically solar, within the UAE.

borrower

M

MTR Corporation

company · 1 deals

Lender

Crédit Agricole CIB

company · 3 deals