Green Bond Fact Sheet
Nanjing Jiangbei New Area Public Assets Investment& Development Date: 01/05/2020
Issue date: 29-04-2020 Maturity date: 29-04-2023 Tenor: 3Issuer Name

Nanjing Jiangbei New Area
Public Assets Investment &Development “NJPAID”

Amount Issued

RMB490m/USD72.8m

Country of risk

China

CBI Database

Included

Issuer Type1

Government backed entity

Bond TypeUse of proceeds

Green Bond Framework

Green Bond Framework

Second party opinion

N/A

Certification Standard

Climate Bonds Standard,
including sector-specificcriteria for:

Assurance report

Pre issuance verification

Green bond ratingN/A

Water Infrastructure
Certification Verifier

iGreenbank

Use of Proceeds☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ Waste to energy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energy performance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Water & wastewater☐ Water distribution☐ Water treatment☒ Wastewater treatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Land use &agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose & paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

Annual reports will be made available. These reports will have information on the allocation of
the proceeds, as well as indicators of the sewage treatment plants, such as the amount ofwater treated.
NJPAID is a state-owned enterprise in the Nanjing area. It owns and operates municipal
infrastructure, including water supply and treatment facilities.
The Jiangbei New Area is located in Nanjing and it is a recently designated area for new
expansion and development, with special policy support by the government. There are plansfor it to expand rapidly in the coming years, and there will be much new infrastructure to bebuilt.

Firsts, records andcertifications

This is iGreenBank’s first verification. iGreenbank was approved in December 2018. It is also
the first time the Climate Bonds Standard Version 3 has been used for a Certification in China.
This is the second Certification for a domestic bond in China.

Proceeds description

Climate Bonds view

The proceeds will be used to refinance the construction of three new sewage treatment plants
in Jiangbei New Area. This is part of the Yangtze River delta area. The projects will begin
operation around March 2020.

It is exciting to see the recognition of the Certification in domestic bond markets.

Underwriters
Deal comments
Credit Rating
Pricing summary•Coupon: 3.75%

Investors summary
1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign