The Asset Triple A Awards 2020: great achievements in Asia Pacific’s sustainable capital markets

Crédit Agricole CIB’s capabilities were recognised through 8 winning transactions at The Asset Triple A Sustainable Capital Markets Regional Awards 2020.

Photo of a trophy held by several peopleThe Asset Triple A Regional Awards for Sustainable Capital Markets represent the industry's most prestigious awards for the primary market for best issuers, best deals, and best advisers in equity, debt, loans, M&A, and structured finance.

In consultation with the market, including issuers, investors and intermediaries, The Asset Triple A has rewarded deals that matter with an eye on sustainability in Asia’s primary market and the institutions behind. 

Crédit Agricole CIB was actively involved in 8 awarded bonds and loan in China, Hong Kong and South Korea.

 

 

Sovereign – Best Bond

China Ministry of Finance (MoF) US$6 billion multi-tranche bond: First Reg S/144A bond offering by China MoF and the first sale into the US domestic markets in almost 17 years, achieving the lowest yield for any US dollar bond issued by China MoF.

Our role: Bookrunner and Lead Manager.

Financial Institutions Asset Management – Best Bond 

China Cinda (HK) Holdings Company US$2 billion multi-tranche senior unsecured notes: First stand-alone issuance by China Cinda without the keepwell enhancement structure from parent, achieving its lowest yield ever across four tranches of the deal. 

Our role: Global Coordinator, Bookrunner and Lead Manager. 

Quasi-sovereign – Best Social Bond  

Korea Land & Housing Corporation US$300 million social bond: Issuer’s first social bond public offering for affordable housing and public housing safety projects, achieving the lowest ever Korean issuers’ coupon of 0.625% and the lowest spread since the global financial crisis. 

Our role: Bookrunner.

Financial institutions Banks (Quasi-sovereign) – Best Blue Bond 

Bank of China Paris/Macau US$500 million and CNH3 billion blue bond: First blue bond issued by a commercial bank globally, the first out of the Asia-Pacific region and only the fourth blue bond in the world.

Our role: Global Coordinator, Bookrunner and Lead Manager.

Financial institutions Banks (Policy Bank) – Best Social Bond

Korea Development Bank US$500 million Covid-19 response social bond and US$500 million senior unsecured notes: Proceeds including loans and lines of credit providing support for SMEs and/or small offices/home offices adversely affected by the Covid-19 pandemic, achieving the lowest ever Korean issuers’ coupon. 

Our role: Bookrunner.

Financial institutions Banks (Policy Bank) – Best Green Bond  

China Development Bank 10-billion-yuan multi-tranche climate change green financial bond as Cross-border Coordinator: Issued in four channels, including China interbank bond market (CIBM), stock exchange, retail counter and Bond Connect to fund low-carbon transportation and “blue sky, clear water and clean land”. 

Our role: Cross-border Coordinator.

Technology – Best Bond

Lenovo Group US$1 billion senior unsecured notes as Bookrunner and Lead Manager: Lenovo’s first bond as a rated company, its first in 144A format and its first 10-year tenor transaction.

Our role: Bookrunner and Lead Manager.

Transport and infrastructure – Best Syndicated Loan

Airport Authority Hong Kong HK$35 billion Equator Principles-compliant syndicated loan facilities: First corporate syndicated loan facilities in Hong Kong compliant with the Equator Principles, a framework adopted by financial institutions for managing environmental and social risk in projects.

Our role: Lead Arranger.
 


 

See the full list of awards & winners on The Asset Triple A's website.