Published On: May 10th, 2021Categories:

The Chinese government continues to prioritize the development of natural gas usage in a bid for the country to go cleaner. This backdrop is positive for ENN Natural Gas, a leading privately-run clean energy company in China, which came to the market with a new $3.375% 2026 (USG3065HAB71 – BBB-), issued by an indirectly wholly owned subsidiary ENN Clean Energy Investment Ltd, a special purpose entity.

Due to the scarcity of good quality crossover names in China outside of the property space, this bond is attractive for crossover investors in search of diversification.

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