Skip to Primary Content
Main Banner

The Hong Kong Mortgage Corporation Limited

Bauhinia ILBS 1

Bauhinia ILBS 1 Limited acquired a diversified portfolio of project and infrastructure loans across multiple geographies and sectors from the HKMC for an aggregate purchase consideration of US$404.8 million. The Portfolio is diversified across 25 projects among 9 sub-sectors as at the date of the Information Memorandum. The projects underlying the Portfolio are located in 12 countries across the Asia-Pacific, Middle East and the South America regions. The Portfolio has been assembled with a focus on availability-based infrastructure assets in the conventional power and water and social subsectors.

 

Formal Notice icon

Formal
Notice
 

Download PDF

information memorandum icon

Information
Memorandum
 

Download PDF

second party option icon

Second
Party Opinion

Download PDF

impact report icon

Impact
Report

Download PDF

 

Quarterly and Payment Date Reports

download Sept 2023 report

Sep 2023 

Download PDF

download Dec 2023 report

Dec 2023 

Download PDF

download Mar 2024 report

Mar 2024 

Download PDF

download Jun 2024 report

Jun 2024 

Download PDF

 

Audited Financial Statements

download FY

FY 2023 

Download PDF

Indicative Capital Structure

 

ClassRating (Moody's)1Principal Amount (USD million)Spread2Legal Maturity Date
A1-SUAaa (sf)100.001.60%19 October 2044
A1Aaa (sf)199.601.70%19 October 2044
BAa1 (sf)36.502.50%19 October 2044
CA2 (sf)18.253.95%19 October 2044
DBaa3 (sf)10.005.95%19 October 2044
Subordinated NotesNot rated40.436.00%19 October 2044

 

1 Original rating at date of closing.

2 Spread is applied over 6-month Term SOFR

Portfolio Overview

portfolio overview chart

Documents

Jul 18
Jun 2024 Quarterly Report
Download PDFDownload PDF
May 03
FY2023 Audited Financial Statements
Download PDFDownload PDF
Apr 18
Mar 2024 Payment Date Report
Download PDFDownload PDF
Apr 15
Moody's Ratings Action on Class C and Class D Notes
Download PDFDownload PDF
Mar 27
Moody's Assessment Announcement
Download PDFDownload PDF
Jan 18
Dec 2023 Quarterly Report (revised on 31 January 2024)
Download PDFDownload PDF

 

Sponsor and Collateral Manager 
HKMC logo

  

Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers
INGMUFGstandard chartered

 

Co-Manager
Fubon

  

Transaction Administrator, Trustee, Account Bank, Calculation Agent, Principal Paying Agent, Registrar and Transfer Agent
Legal advisers
deutsche bankLinklatersClifford Chance

 

Sustainable Finance
Opinion Provider
Pre-issuance Sustainability
Impact Advisor
Rating Agency
dnvcarbon trust
Moody's Investors
Service Ltd

 

Corporate Services Provider
CSC

Last Update Date: 11/09/2024