Exception details (details viewable as HTML comment):
Rendering: DataLayer
Placeholder:
Area:
Controller: Analytics
Action: DataLayer
Message: Object reference not set to an instance of an object.
Skip to content

A&O awarded ESG deal of the year for first blue bond in Asia

Related people
Tsang Agnes
Agnes Tsang

Partner

Hong Kong

View profile →

Yeap Jaclyn
Jaclyn Yeap

Partner

View profile →

Townsend Matthew
Matthew Townsend

Partner

London

View profile →

Press contacts

For media enquiries relating to this topic, please contact:

Pattni Rajiv
Rajiv Pattni

Media Relations Manager

London

View profile →

25 March 2021

Allen & Overy has been awarded ‘ESG Deal of the Year’ at the IFLR Asia-Pacific Awards 2021 for their work on the first blue bond issued in Asia. 

A&O advised the joint lead managers and joint bookrunners on the inaugural dual-currency blue bond offering by Bank of China Limited, Paris Branch and Bank of China Limited, Macau Branch. This marks the first blue bond issued by a commercial bank.  

This landmark transaction comprises USD500 million 0.95% bonds due 2023 and CNY3 billion 3.15% bonds due 2022. Both blue bond offerings are issued under Bank of China Limited’s USD40 billion MTN programme and are aligned with the Green Bond Principles (2018) published by the International Capital Market Association. 

The A&O team was co-led by partners Jaclyn Yeap and Agnes Tsang, with support from Alan Zhang, Susan Zhang and Rachel Cheung.

Matthew Townsend, partner and Global Co-Head Environment, Climate and Regulatory Law, commented: “This transaction was made possible thanks to the depth and breadth of knowledge our teams have in sustainable finance. We are delighted to have won this award and proud that we were able to support our clients on such a landmark deal.” 

Disclaimer: 

The information contained herein is restricted and is not for publication, distribution or release in or into the United States of America, Australia, Canada, Japan or South Africa. This announcement is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or any other jurisdiction. The securities referred to herein (the “Securities”) have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not, subject to certain exceptions, be offered or sold in the United States or to or for the account or benefit of a person located in the United States