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BRIEF-Gcl Newenergy says Suzhou GCL New Energy Investment Co Ltd proposed non-public issuance of green bonds
December 7, 2016 / 3:20 PM / in 10 months

BRIEF-Gcl Newenergy says Suzhou GCL New Energy Investment Co Ltd proposed non-public issuance of green bonds

Dec 7 (Reuters) - Gcl New Energy Investment Company Limited :

* Green bonds shall have a term of not more than 3 years

* Application for issuance of non-public green bonds to not more than 200 qualifying investors in maximum amount of rmb1.75 billion

* Issuer intends to use all funds for renewable energy project investment and construction

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