天津轨道交通集团有限公司（以下简称“轨道交通集团”或“本公司”）于2018年2月公布《天津轨道交通集团绿色债券框架》，在该框架下公司计划为定义的合格绿色项目进行全部或部分再融资，这与《国家环境保护“十三五”规划基本思路》、发展京津冀地区建设发展的思路相一致。轨道交通集团也聘请Sustainalytics对《天津轨道交通集团绿色债券框架》出具了独立第二意见，并获Sustainalytics确认该框架符合绿色债券工作小组 (GBWG)和可持续发展目标 (SDGs)要求。
一、绿色债券基本情况
轨道交通集团境外子公司轨道国际发展有限公司于2018年3月发行4亿欧元绿色债券，票息1.625%，创造了发行时点当期中资欧元债券定价最低水平，此次债券是中资地方国企首单欧元绿色债券、中资交通运输行业首单境外绿色债券及首单维好协议结构的境外绿色债券。
轨道交通集团绿色债券募集的资金都被存放在一般资金账户，采用“标记”的方式标识，直至分配到合格的绿色项目中。截至2019年6月30日，轨道交通集团已经完全将绿色债券的募集资金分配至符合资格的项目。
|
天津轨道交通集团有限公司欧元绿色债券 | |
|
发行人 |
轨道国际发展有限公司 |
|
发行日 |
2018年3月22日 |
|
货币 |
欧元 |
|
年期 |
4.25年 |
|
发行规模 |
4亿 |
|
到期日 |
2022年6月22日 |
|
票息 |
1.625% |
|
国际证券号码（ISIN） |
XS1679505070 |
二、资金配置报告（截至2019年6月30日）
符合条件的绿色项目类别和金额分配清单具体如下：
1欧元=7.7415人民币
|
项目绿色类别 |
项目名称 |
投资项目标识 |
分配金额（万欧元） |
|
低碳交通 |
铁路 |
绿色项目标记 |
5,166.96 |
|
低碳交通 |
地铁1号线东延 |
绿色项目标记 |
3,681.46 |
|
低碳交通 |
地铁5号线 |
绿色项目标记 |
16,237.16 |
|
低碳交通 |
地铁6号线 |
绿色项目标记 |
6,006.59 |
|
低碳交通 |
地铁7号线 |
绿色项目标记 |
671.70 |
|
低碳交通 |
地铁10号线 |
绿色项目标记 |
426.27 |
|
低碳交通 |
地铁11号线 |
绿色项目标记 |
103.34 |
|
低碳交通 |
津滨轻轨9号线 |
绿色项目标记 |
7706.52 |
|
合计 |
40000.00 | ||
三、部分项目案例
项目名称：津滨轻轨9号线
项目绿色类别：低碳交通
1.轨道建设和维护
天津市区至滨海新区间的城市轨道交通工程的建设和维护，线路全长52.2公里，车站21座。
2.更新票务设备
对津滨轻轨9号线自动售检票系统的中央计算机系统、车站级计算机系统、车站终端设备、测试及培训系统、维修系统等进行改造升级，以及供电设备和空调设备的相关配套改造。
ANNUAL REPORT ON TIANJIN RAIL TRANSIT OFFSHORE GREEN BOND
Tianjin Rail Transit Group Co., Ltd. (“TRT” or the “Company”) has published Tianjin Rail Transit Green Bond Framework (the “Framework”) in February 2018. Under this Framework, TRT plans to in full or in part refinance eligible green assets, which is consistent with The Basic Ideas of the National Environmental Protection "13th Five-Year Plan"(《国家环境保护“十三五”规划基本思路》) and the initiative of developing Jing-Jin-Ji (京津冀) Area. TRT also engaged Sustainalytics to issue an independent Second Party Opinion for the Framework, and obtained the conclusion by Sustainalytics that the Framework is compliant with the requirements of The Sustainable Development Goals (SDGs) and Green Bond Working Group (“GBWG”).
I. Basic Information of TRT Green Bond
Rail Transit Development Co., Ltd., an overseas subsidiary of TRT, issued EUR 400 million 4.25-year Green Bond (coupon: 1.625%) in March 2018, achieving the lowest re-offer yield of Chinese corporate issuers’ EUR Bonds around the time of that issuance. This transaction represents the first EUR Green Bond issued by Chinese local state-owned enterprise, and marks the first offshore Green Bond issuance adopting keepwell and liquidity support deed structure. It is also the first offshore Green Bond issuance from Chinese transportation and infrastructure industry.
Proceeds of TRT Green Bond will be recorded in “a Green Bond Register” and stored in a general account until being allocated to eligible green assets. As of 30 June 2019, TRT has fully allocated the proceeds of TRT Green Bond into eligible projects.
|
Euro Green Bond Issued by Tianjin Rail Transit Group Co., Ltd. | |
|
Issuer |
Rail Transit Development Co., Ltd., |
|
Issue Date |
22 March 2018 |
|
Currency |
EUR |
|
Term |
4.25 years |
|
Size of Issue |
400 million |
|
Maturity Date |
22 June 2022 |
|
Coupon |
1.625% |
|
ISIN |
XS1679505070 |
II. Fund Allocation Report (As of 30 June 2019)
Types of eligible green projects and breakdown of fund allocation:
1 EUR=7.7415 RMB
|
Eligible Green Projects Categories |
Project Name |
Project Label |
Allocated Amount（Ten Thousand Euro） |
|
Low Carbon Transportation |
Railway |
Green Project Register |
5,166.96 |
|
Low Carbon Transportation |
Metro Line 1 East Extension |
Green Project Register |
3,681.46 |
|
Low Carbon Transportation |
Metro Line 5 |
Green Project Register |
16,237.16 |
|
Low Carbon Transportation |
Metro Line 6 |
Green Project Register |
6,006.59 |
|
Low Carbon Transportation |
Metro Line 7 |
Green Project Register |
671.70 |
|
Low Carbon Transportation |
Metro Line 10 |
Green Project Register |
426.27 |
|
Low Carbon Transportation |
Metro Line 11 |
Green Project Register |
103.34 |
|
Low Carbon Transportation |
Jinbin Light Rail Line 9 |
Green Project Register |
7706.52 |
|
Total |
40000.00 | ||
III. Selected Cases
Project Name: Jinbin Light Rail Line 9
Eligible Green Projects Categories: Low Carbon Transportation
1. Construction and Maintenance of Tracks
Construction and maintenance of urban rail transit project between Tianjin urban area to Binhai New Area, with a total length of 52.2 km and 21 stations.
2. Establishment and Refurbishment of Existing Ticketing Equipment
Reforming and upgrading central computer system of automatic fare collection system, station-level computer system, station terminal equipment, testing and training system and maintenance system of Jinbin Light Rail Line 9, as well as relevant supporting refurbishment of power supply equipment and air conditioning facilities.