Green Bond Fact Sheet

Tianjin Rail Transit

Date: 22-Mar-2018

Issue date: 22-Mar-2018 Maturity date: 01-Jun-2022 Tenor: 4.3
Issuer Name

Tianjin Rail Transport

Amount Issued

EUR400m/USD491.5m

Country of risk

China

CBI Database

Included

Issuer Type1

Government-Backed

Bond TypeGreen Bond

Green Bond Framework

Link to GB 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☐ 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
☐ 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

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

Tianjin Rail Transport will report annually on the allocation of proceeds. The issuer isalso committed to annual impact reporting.
Tianjin Rail Transport provides transport infrastructure construction services, mainly
related to urban rail and railway projects.

Firsts, records andcertifications

Climate Bonds view

Eligible projects falling under Transport include the construction and maintenance ofrail tracks, upgrade of electric line network, upgrade of signalling system to improve
capacity and reliability, as well as towards adopting technologies to increase air
circulation and air filtration, set up noise barriers, and improve efficiency of railturnouts.
This is the first green bond issuance from Tianjin Rail with all eligible projects related
to the construction or efficiency improvement of rail infrastructure. Although noisebarriers may not have significant positive climate impact, we included this bond to ourdatabase considering it’s an essential part of the urban rail system and its role inmitigating noise pollution.

Underwriters

ABCI, BOC, CCB, Hongkong and Shanghai Banking Corp, StanChart, Wing Lung

Proceeds description

Deal comments
Credit Rating

Baa1 (Moody’s)

Pricing summary
Investors summary

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