Haier Smart Home completes CNY 2bn green bond issuance

Haier Smart Home (SSE:600690) has successfully completed the issuance of its second phase of green and new technology innovation bonds for 2025, raising a total of CNY 2 billion. The bonds, officially named "25 Haier ZJ MTN002 (Science and Innovation Bonds)," carry a coupon rate of 1.66% and have a maturity of three years, with an interest start date of June 18, 2025, and a redemption date of June 18, 2028. The issuance was managed by China Construction Bank, with other major banks including ICBC, Bank of China, Agricultural Bank of China, Bank of Communications, Shanghai Pudong Development Bank, China CITIC Bank, and Industrial Bank acting as joint lead underwriters. The proceeds will be used to support the company's green technology innovation projects.