Green Bond Fact Sheet
Guilin Bank
Issue date: 23-Nov-2018 Maturity date: 23-Nov-2021 Tenor: 3

Date: 23-Nov-2018

Issuer Name

Guilin Bank

Amount Issued

CNY2bn (USD289m)

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

N/A

Certification Verifier

N/AGreen bond rating

China Bond Rating (G3)

☒ 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☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ 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
Reporting

The issuer will report on the use of proceeds quarterly and release post issuancereviews annually.

Company information

Guilin Bank Co., Ltd offers banking services. The Company provides deposits, loans,exchange settlement, financial bond issuing, credit card issuing, foreign exchange,and other services. Guilin Bank provides its services to individuals, companies, andother groups.

Firsts, records andcertifications
Proceeds description

All proceeds will be allocated to three solar farms with a combined installedcapacity of 200MW, two inter-city railway lines and a sewage treatment project.
China Bond Rating Co. Ltd carried out an evaluation on the expectedenvironmental impact of this bond, where the solar projects are expected to avoid
62,615 tons of TCE, 165,305 tons of CO2, 25.4 tons of SO2, etc. The two electrified
railway lines, with 11km and 5.3km in length respectively, will also deliver apositive climate impact. The sewage treatment project is located in Guangxi
Province, southwest China, which is expected to avoid 117 tons of COD, 14.3 tonsof NH3, 1.7 tons of TP.

Climate Bonds view

Underwriters

The issuer provided a great level of clarity on the proceeds allocation and theclimate impact to be achieved by each of the projects. Although we understand thecomplexity for bank issuers to have full disclosure on their green asset pool, it isencouraged that they should disclose project level proceeds allocation and impact
as required by best practice.
Guotai, Huafu, Bank of Nanjing

Deal comments
Credit Rating
Pricing summaryInvestors summary

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