Publicly Listed Phnom Penh Special Economic Zone To Issue $15 Million Green Bonds
By B2B Cambodia
on
In a statement released to the Cambodia Securities Exchange (CSX) in mid November 2023, the Royal Group-owned Phnom Penh SEZ Plc (PPSP) announced that its Board of Directors has approved a resolution for the issuance of green bonds to qualified investors, amounting up to USD $15 million.
Royal Group Phnom Penh Special Economic Zone (PPSEZ). Credit: PPSEZ
The approval from the PPSP Board of Directors (BOD) comes nearly six months after the initial announcement of the green bond listing in June 2023 by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and other partners under the Cambodia Sustainable Bond Accelerator 2023.