Steel industry secures pathfinding transition finance

Bank of China has tapped the European bond market to finance steel projects in Hebei province, in a first of a kind issuance involving a financial institution.

Last week, Bank of China (BOC) achieved a world first for sustainable issuance, becoming the inaugural financial institution to issue a transition bond for application to activities in the steel sector.

¬ Haymarket Media Limited. All rights reserved.

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