DCM BQD Blue Bond

completed

The proposed project entails up to US$40 million IFC A Loan investment in a syndicated senior blue loan for Bank of Qingdao (“BQD”). IFC will also mobilize other investors through IFC syndication. The proceeds of the blue loan will be on-lent to projects in line with IFC’s Blue Bond Criteria which BQD has developed as part of its own framework for blue financing with IFC’s assistance. The project will be one of the first blue loans in Asia and in the world, and will help China demonstrate its commitment to addressing the challenges of marine litter in other Asian countries, where the product may be replicated.