Green Bond Fact SheetBank of Jiangsu

Date: 29-Apr-2019

Issue date: 22-04-2019 Maturity date: 22-04-2022 Tenor: 3Issuer NameBank of Jiangsu

Amount Issued

CNY10bn (USD1.49bn)

Country of risk

China

CBI Database

Included

Issuer Type1

Financial Corporate

Bond TypeGreen bondGreen Bond Framework

N/A

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

EY

Certification Verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☒ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ 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☒ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ 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

The issuer will have a third-party agency follow up on the projects and the associatedenvironmental benefits. The issuer will disclose use of proceeds on a quarterly basis. The annual
report on the use of proceeds will be disclosed before April 30 of the following year.
Bank of Jiangsu Co., Ltd. operates as a commercial bank. The Company offers deposits, loans,gross settlement, investment, wealth management, bill discounting, online banking, and otherbanking services.

Firsts, records andcertifications
Proceeds description

Climate Bonds view

Underwriters

All proceeds will be allocated to 89 projects in six categories according to PBoC definitions.
Specifically, Pollution Prevention includes 22 projects ranging from the construction of waste
water treatment plants to the upgrade of sewage water pipelines. Recycling and Resources
Conservation includes six waste-to-energy projects. Under Clean Transport, funds will beallocated to metro lines, urban light rail and inter-city rail, accounting for 11 projects. There arealso 11 solar and onshore wind farms to be financed. The 34 projects that fall under Adaptation
are mainly composed of storm water management, river dredging, reinforcement of river banks
and other projects that increase river flow. The other four projects fall in Energy Efficiency. While
three of them are related to fossil fuel-based energy, one is a green building that is expected toreceive the 2-star Green Building Standard.
The issuer has provided a very detailed list with each project’s name, location and the amountto be raised in its green bond programme where the fossil fuel-based projects only take up 1.8%of the total. We included this bond into our database because the use of proceeds in eligible
categories has passed our 95% threshold on a pro rata basis.
Huatai Securities, ICBC, ABC, BoC

Deal comments

Credit Rating

AAA(CCXI)

Pricing summary
Investors summary

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