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Credit Glorious Property Holdings Limited Subscribes to US Dollar Bond for Vietnam Solar Park

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Credit Glorious Property Holdings Limited Subscribes to US Dollar Bond for Vietnam Solar Park

Credit Glorious Property Holdings Limited (“Credit HK”), a company incorporated in Hong Kong, has subscribed to a US dollar-denominated bond issue to finance a solar park in Vietnam. The transaction has been completed with the collaboration of CGPH Banque d’affaires, which supported the structuring and coordination of the financing.

The energy transition takes shape when capital can cross markets and legal systems to reach the project itself.”

The bond was issued by a Southeast Asian company operating in the energy sector. Credit HK’s subscription provided the project with a source of international financing through a US dollar-denominated debt instrument.

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The transaction brings together a Hong Kong-based subscriber, a Southeast Asian energy company and a solar power project in Vietnam. It combines Credit HK’s participation as the bond subscriber with CGPH Banque d’affaires’ support in structuring the financing and coordinating the transaction process.

CGPH Banque d’affaires assisted the parties in defining the financial structure and coordinating the process through to completion. The bond subscription connects the issuer’s funding requirements with capital committed to financing the Vietnamese solar project.

“The energy transition takes shape when capital can cross markets and legal systems to reach the project itself,” said Federico Lione, Founding Partner of CGPH Banque d’affaires.



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