Contemporary Amperex Technology raises 7 Billion Yuan in Green Bond Issue
MT Newswires Live
Aug 28
Contemporary Amperex Technology or CATL (SHE:300750, HKG:3750) raised 7 billion yuan via the issue of green technology innovation bonds.
The offering comprised 5.8 billion yuan of Three-plus-two-year notes with a coupon rate of 1.50% and 1.2 billion yuan of five-year notes at 1.55%, according to a Thursday aftermarket filing with the Shenzhen bourse.
Shares of the battery maker declined 1% in recent trade on the Shenzhen bourse and rose 1% in Hong Kong.
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