Hong Kong Firm Subscribes to Bond Issue for Vietnamese Solar Park
CGPH Banque d'affaires recently supported the completion of a financing transaction for a solar park in Vietnam. The Hong Kong-based company, Credit Glorious Property Holdings Limited, subscribed to a US dollar-denominated bond issue to finance the project.
The energy sector is undergoing significant changes as capital can now cross markets and legal systems to reach projects directly. According to Federico Lione, Founding Partner of CGPH Banque d'affaires, 'The energy transition takes shape when capital can cross markets and legal systems to reach the project itself.'
CGPH Banque d'affaires assisted in defining the financial structure and coordinating the process for the transaction. The bond subscription connects the issuer's funding requirements with capital committed to financing the Vietnamese solar project.