The bank of china (01398.HK)(601398.SH) successfully assisted the global large commodity pulp producer suzano in issuing the first green medium-term note panda bond in the Chinese interbank bond market, which is also the first panda bond issued in the domestic market by an issuer from South America. The bond issuance scaled 1.2 billion yuan (the same below), with a term of three years and a coupon rate of 2.8%, receiving enthusiastic subscriptions from market investors, and the raised funds will be fully used for investing in green certified eucalyptus plantations in Brazil.

The bank of china (03988.HK)(601988.SH) also stated that as the lead underwriter and lead bookrunner, it assisted suzano in successfully issuing green medium-term note panda bonds worth 1.2 billion yuan in the Chinese interbank bond market. The bond has a term of three years and a coupon rate of 2.8%. This is not only the first panda bond in South America but also the first green panda bond issued by a multinational corporation this year.