Green Bond Fact Sheet

China Jinmao Holdings

Date: 21/10/2019

Issue date: 21-06-2019 Maturity date: 21-06-2024 Tenor: 5Issuer Name

China Jinmao Holdings

Amount Issued

USD250m

Country of risk

Hong Kong

CBI Database

Included

Issuer Type1

Financial Corporate

Bond Type

Senior secured

Green Bond Framework

Link to 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☒ 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
ReportingIssuer information

An annual green finance report will be published, containing information such as allocation ofproceeds to eligible projects and unallocated proceeds. An impact report will disclose indicatorssuch as number and level of third-party certification(s) achieved and CO2 (or other GHG)
emissions avoided.
China Jinmao Holdings, formerly Franshion Brilliant Ltd, is a subsidiary of state-owned
Sinochem Corporation. Headquartered in Hong Kong it operates in the space of real estatedevelopment, property management and hotel operation. It was founded in 2004 and focuseson the Chinese market.

Firsts, records andcertifications
Proceeds description

The proceeds of the bond will be allocated to low carbon buildings with minimum certificationlevels defined in the framework (such as LEED or BREEAM certifications) and renewable energy(wind and solar) projects.

Climate Bonds view

The aspiration levels of this deal are not particularly high with respect to buildings – wegenerally expect issuers to aim for the highest levels of certification. However, investment inrenewable energy projects is positive and would hope to see a positive impact from the overall
portfolio mix in ongoing reporting.

Underwriters

Goldman Sachs, HSBC, Morgan Stanley, Mizuho, Standard Chartered

Deal comments
Credit Rating

BBB- (S&P)

Pricing summary••

Coupon: 4%
Price: 101.564%

Investors summary

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