Green Bond Fact Sheet
Nanjing Pukou Kangju Construction Group Co Ltd

Date: 14-Mar-2019

Issue date: 29-01-2019 Maturity date: 25-01-2022 Tenor: 3 years
Issuer Name

Nanjing Pukou Kangju
Construction Group

Amount Issued

CNY1bn (USD148m)

Country of risk

China

CBI Database

Included

Issuer Type1

Government-backed
entityBond TypePrivate Placement Note

Green Bond Framework

News release

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

N/A

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☐ Energyperformance☐ 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
ReportingCompany information

N/ANanjing Pukou Kangju Construction Group Co. Ltd. operates real estate development
businesses. The Company runs housing renovation, housing loans, house sales, and otherbusinesses. Nanjing Pukou Kangju Construction Group also operates municipal public works
construction, asset management, property management, and other businesses.

Firsts, records andcertificationsProceeds description

Nanjing Pukou Construction Group registered a CNY2.3bn (USD340m) green PPN (privateplacement note) programme with the National Association of Financial Market Institutional
Investors in 2018.
The recently issued CNY1bn (USD138m) deal is intended to finance affordable housing,which has received or going to receive at least a 2-star certification against China’s Green
Building Standards. The whole programme will deliver quantifiable climate impacts, such as
avoiding 484 tec/a and saving 8,1344 tons of water per year.

Climate Bonds viewUnderwriters

This is the first green bond from China where all proceeds will be spent on affordable
housing with a certain green building certification. Despite being a private placement deal,
the issuer has disclosed details on the use of proceeds and expected climate impact. We
hope to see more private placement deals with such a high level of disclosure on green
credentials.
N/A

Deal comments
Credit Rating

N/A

Pricing summary
Investors summary

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