MTR Corporation Limited’s CNY1 Billion Million Fixed Rate Green Notes Offer

Slaughter and May, Hong Kong, advised MTR Corporation Limited on the deal.

MTR Corporation issued CNY1 billion 2.9% Fixed Rate Green Notes due 2024 (the Notes) under its US$7 billion Debt Issuance Programme. The Notes are listed on the Stock Exchange of Hong Kong Limited.

Proceeds of the Notes issuance will be used to fund or refinance, in whole or in part, eligible investments in one or more of the categories set out in the MTR Sustainable Finance Framework, namely, renewable energy, low carbon transportation, energy efficiency, sustainable transit stations and real estate properties, adaptation to climate change, biodiversity and conservation, water management, waste management and/or pollution prevention.

Slaughter and May’s team included Lisa Chung (Picture), Partner, Caroline Lin, Associate, Jason Hui, Legal Assistant and Cyrus Fung, Trainee.

Involved fees earner: Lisa Chung – Slaughter and May; Caroline Lin – Slaughter and May;

Law Firms: Slaughter and May;

Clients: MTR Corporation;

Author: Sonia Carcano