{"id":912,"date":"2021-12-09T13:00:08","date_gmt":"2021-12-09T04:00:08","guid":{"rendered":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/?p=912"},"modified":"2021-12-08T13:30:39","modified_gmt":"2021-12-08T04:30:39","slug":"canadian-solar-issues-eur-30-million-green-bond-to-support-project-development-growth","status":"publish","type":"post","link":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/2021\/912.html","title":{"rendered":"CANADIAN SOLAR ISSUES EUR 30 MILLION GREEN BOND TO SUPPORT PROJECT DEVELOPMENT GROWTH"},"content":{"rendered":"<p>GUELPH, Ontario,\u00a0Dec. 2, 2021\u00a0\/PRNewswire\/ &#8212;\u00a0<span style=\"color: #993300;\"><a style=\"color: #993300;\" href=\"http:\/\/www.canadiansolar.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Canadian Solar Inc.<\/a>\u00a0<\/span>(the &#8220;Company&#8221;, or &#8220;Canadian Solar&#8221;) (NASDAQ: CSIQ) announces that\u00a0Canadian Solar EMEA Capital Markets, S.A.U., an indirectly wholly-owned subsidiary of\u00a0Canadian Solar, on\u00a0December 2, 2021\u00a0has successfully completed a \u20ac 30 million green bond issuance due on\u00a0December 2026\u00a0under its \u20ac 100 million Canadian Solar EMEA Green Medium Term Note Program in the Spanish multilateral trading facility (MTF) for debt securities (MARF). The notes are guaranteed by the Company and qualify as &#8220;green bonds&#8221; pursuant to the\u00a0International Capital Market Association\u00a0(ICMA) Green Bond Principles and the Green Financing Framework adopted by the Company in\u00a0Europe,\u00a0Middle East\u00a0and\u00a0Africa, or EMEA region.<\/p>\n<p>&nbsp;<\/p>\n<p>The notes were offered and sold only to non-U.S.\u00a0persons outside\u00a0the United States\u00a0in reliance on Regulation S under the\u00a0U.S.\u00a0Securities Act of 1933 (the &#8220;Securities Act&#8221;). The notes have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction in\u00a0the United States. The notes may not be offered or sold in\u00a0the United States\u00a0absent registration or an applicable exemption from registration requirements<span id=\"spanHghltc653\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>The notes, with a unit face value of \u20ac 100,000 each, have a tenor of five years and a coupon of 4.0%. Investors included mainly public credit entities, mutual funds and non-financial corporations.\u00a0Canadian Solar\u00a0may raise more funds over the next twelve months to complete the Note Program&#8217;s total size of \u20ac 100 million depending on the timing of its capital requirements and market conditions.<\/p>\n<p>&nbsp;<\/p>\n<p>With the green bond proceeds,\u00a0Canadian Solar\u00a0aims to support the growth, development and construction of its solar PV and battery storage portfolio in EMEA, currently at 4.6 GW and 2.0 GWh respectively, and contribute to the\u00a0United Nations&#8217;\u00a0Sustainable Development Goals.<\/p>\n<p>&nbsp;<\/p>\n<p>This press release does not constitute an offer to sell or a solicitation of an offer to buy any notes, nor shall there be any offer, solicitation or sale of notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GUELPH, Ontario,\u00a0Dec. 2, 2021\u00a0\/PRNewswire\/ &#8212;\u00a0Canadian Solar Inc.\u00a0(the &#8220;Company&#8221;, or &#8220;C [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-912","post","type-post","status-publish","format-standard","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts\/912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/comments?post=912"}],"version-history":[{"count":1,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts\/912\/revisions"}],"predecessor-version":[{"id":913,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts\/912\/revisions\/913"}],"wp:attachment":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/media?parent=912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/categories?post=912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/tags?post=912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}