Hong Kong property developer achieves capital markets first

New World Development becomes the first Asian corporate to issue a USD-denominated dual-tranche social and green offering in the public bond markets.

Ella Arwyn Jones

June 14, 2022

Last Friday (June 10), Hong Kong-listed real estate firm, New World Development, became Asia’s first non-financial corporate to issue a USD-denominated social bond in the public bond markets. The issuance also marked the first time that a Greater China-headquartered company had closed a USD-denominated green perpetual facility in the public arena.

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