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The Luxembourg Stock Exchange (LuxSE) and China Merchants Bank (CMB) celebrated on 28 September 2020 the display of CMB’s first Sustainability Bond on the exchange’s green platform, the Luxembourg Green Exchange (LGX). The USD 300 million Sustainability Bond is the first-of-its-kind to be issued by CMB, in turn making it the first Sustainability Bond ever issued by a Chinese commercial bank.
“Today marks an important step forward in our longstanding relationship with CMB and for the future of commercial banks’ sustainability mission in China. Driving a sustainable recovery is a priority for us all and we are proud to facilitate CMB’s innovative actions through this listing and further inclusion on LGX,” commented Robert Scharfe, CEO of LuxSE.
In light...
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