Green Bond Fact Sheet

Shandong Water Affairs Development Co.,LtdDate: 21-Feb-2019

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

Shandong Water Affairs
Development Co.,Ltd

Amount Issued

CNY400m (USD59.5m)

Country of risk

China

CBI Database

IncludedIssuer Type1

Government backedentity

Bond TypeGreen Bond

Green Bond Framework

N/A

Second party opinion

Golden Credit Services

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☐ 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

Use of Proceeds☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ 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/AShandong Water Affairs Development Co., Ltd is the main investment body ofmany major water conservation projects in Shandong Province and has themonopoly position in the state’s water industry.
The company's business involves water supply and water related engineering
construction, design etc., with a relatively complete water industry chain. TheCompany was formed in 2009.

Firsts, records andcertifications
Proceeds description

The proceeds will be allocated to five projects: the development of a wastewater
treatment plant and four integrated water projects, which include the construction
and operation of urban and rural water supply and drainage, ecological wetland
construction, river treatment, sewage treatment, sludge treatment and disposal,
water reuse, brackish water desalination, inter-regional water transfer, urban
industrial water supply and drainage, drinking water (centralized water supply),etc.

Climate Bonds view

We consider the intended use of proceeds for this issuance to be aligned with ourTaxonomy. Investments in sustainable water management and tackling waterpollution are a priority area for the Chinese government.

Underwriters

ICBC

Deal comments
Credit Rating

AA+ (Dagong Global Credit Rating)

Pricing summary
Investors summary

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