Industrial and Commercial Bank of China (SHA:601398, HKG:1398) plans to issue carbon-neutrality-themed green bonds in US dollars and offshore yuan, Reuters reported Wednesday.
The bank will issue the US dollar bonds through its Hong Kong and Singapore branches, and yuan bonds via Dubai, according to the report. The bond size was undisclosed.
ICBC said US-China trade tensions were a risk factor, Reuters wrote.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)