Green Bond Fact Sheet

Rongshi International Finance

Date: 09/07/2019

Issue date: 21-05-2019 Maturity date: 21-05-2024 Tenor: 5Issuer Name

Rongshi InternationalFinanceAmount Issued

USD500m

Country of risk

China/UK

CBI Database

Included

Issuer Type1

Financial corporate

Bond TypeSr unsecured

Green Bond Framework

Framework

Second party opinion

Sustainalytics

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
☐ 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

Rongshi International Finance Ltd. offers financial services. The Company provides
corporate financing, treasury management, and other financial services. Rongshi
International Finance conducts businesses in China. It operates as a financing vehicle forState Development & Investment Corporation.

Firsts, records andcertifications
Proceeds description

Climate Bonds view

Underwriters

State Development & Investment Corporation released a Green Finance Framework andreceived a SPO from Sustainalytics. Its financing vehicle, Rongshi International Financeissued this bond following the framework. The proceeds of each Green Financing
Transactions (GFT) will be used exclusively for the financing or the re-financing of “EligibleProjects” that provide clear environmental and sustainability benefits, which includes:
Sustainable water and wastewater management and renewable energy. Projects that areincluded in the renewable energy category include two wind farms in the United Kingdom Beatrice Offshore Wind Power Project and Afton Wind Power Project.
This is another example of a Chinese green bond financing for wind farms in the UK. The
issuer also promised to provide more information on the impacts resulting from theseprojects. We hope to see more green bonds of this kind.
HSBC, Bank of China, DBS

Deal comments
Credit Rating
Pricing summary
Investors summary

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