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CPN Bond

Sector: Water Supply and Storage • Location: Thailand

Source: International Finance Corporation (IFC)

Project
Active

IFC is considering investing in Sustainability Linked Bonds (SLBs), to be issued by Central Pattana (“CPN” or the “Company) in one or more tranches. CPN is a retail-led mixed-use property developer in Thailand, developing integrated shopping malls, residences, office buildings and hotels. Typically CPN: leases retail spaces in malls and also office space; sells the residential projects; and of the

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Project Information

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The project “CPN Bond” is an infrastructure initiative in the Water Supply and Storage sector, located in Thailand. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

active

Taiyo status

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Taiyo last update

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Email

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Description

Description

IFC is considering investing in Sustainability Linked Bonds (SLBs), to be issued by Central Pattana (“CPN” or the “Company) in one or more tranches. CPN is a retail-led mixed-use property developer in Thailand, developing integrated shopping malls, residences, office buildings and hotels. Typically CPN: leases retail spaces in malls and also office space; sells the residential projects; and of the nine hotels developed by CPN, four are managed by CPN and the others are managed under management contracts. CPN also provides facility management services in the malls and office complex. CPN is listed on the Stock Exchange of Thailand. SLB proceeds will go towards green refurbishing of selected properties that have been already operational, increasing green building certifications, and refinancing existing debt.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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