Following its September 2011 bond issue in Hong Kong (Dim Sum Bond), Air Liquide Finance innovates yet again with the issue on 9th January, 2015 of its first Chinese renminbi-denominated bond on the Taiwanese market (Formosa Bond).
The Taiwanese bond is for a total of 500 million Chinese renminbi, equivalent to €68m.
Air Liquide is thus the first non-Taiwanese corporate to issue bonds in Chinese renminbi on this market.
This issue, which benefits from favourable market conditions, will contribute to the financing of industrial projects in mainland China, in particular the one located in the province of Fujian announced in May 2013. The group currently has more than 4,000 employees in China and operates 85 production plants in various industrial basins.
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