Green Bond Fact Sheet

Ningbo Beilun Public Traffic Date: 11/02/2020 Issue date: 25-12-2019 Maturity date: 26-12-2029 Tenor: 10

Issuer Name Ningbo Beilun Public Amount Issued CNY615m/USD88m Traffic Co., Ltd.

Country of risk China CBI Database Included

Issuer Type1 ABS Bond Type Chinese ABS

Green Bond Framework N/A Second party opinion N/A

Certification Standard Not certified Assurance report N/A

Certification Verifier N/A Green bond rating N/A

Use of Proceeds

☐ Energy ☐ Solar ☐ Tidal ☐ Energy storage ☐ Onshore wind ☐ Biofuels ☐ Energy performance ☐ Offshore wind ☐ Bioenergy ☐ Infrastructure ☐ Geothermal ☐ District heating ☐ Industry: components ☐ Hydro ☐ Electricity grid ☐ Adaptation & resilience

☒ Buildings ☒ Certified Buildings ☐ Water performance ☐ Industry: components ☐ HVAC systems ☐ Energy storage/meters ☐ Adaptation & resilience ☐ Energy ☐ Other energy related performance

☐ Transport ☐ Electric vehicles ☐ Freight rolling stock ☐ Transport logistics ☐ Low emission ☐ Coach / public bus ☐ Infrastructure vehicles ☐ Bicycle infrastructure ☐ Industry: components ☐ Bus rapid transit ☐ Energy performance ☐ Adaptation & resilience ☐ Passenger trains ☐ Urban rail

☐ Water & wastewater ☐ Water distribution ☐ Storm water mgmt ☐ Infrastructure ☐ Water treatment ☐ Flood protection ☐ Industry: components ☐ Wastewater ☐ Desalinisation plants ☐ Adaptation & resilience treatment ☐ Erosion control ☐ Water storage ☐ Energy performance

☐ Waste management ☐ Recycling ☐ Landfill, energy capture ☐ Waste to energy ☐ Waste prevention ☐ Energy performance ☐ Industry: components ☐ Pollution control ☐ Infrastructure ☐ Adaptation & resilience

☐ Land use & agriculture ☐ Afforestation/parks ☐ Land remediation ☐ Sustainable agriculture ☐ FSC Forestry ☐ Energy/water efficiency ☐ Adaptation & resilience ☐ FSC Cellulose & paper

☐ Other ☐ Adaptation & ☐ ICT ☐ Industry: process resilience

Issue details

Reporting

Company information Ningbo Beilun District Public Transportation Co., Ltd., referred to as Beilun Bus, is a bus company in Ningbo City, Zhejiang Province, China . The main service scope is Beilun District. The company was established in 1990 and restructured into a wholly state-owned enterprise in 2002. Firsts, records and certifications

Proceeds description This ABS is a private placement which contains two tranches. The backup assets are green buildings.

Climate Bonds view

Underwriters

Deal comments

Credit Rating AAA (Shanghai Brilliance Credit Rating)

Pricing summary

Investors summary

1 Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial corporate, sovereign