On Sept. 11, 2020, Zhenro Properties Group Ltd. issued US$350 million in senior notes with a coupon of 7.35%, maturing on Feb. 5, 2025. The company followed that with another issuance of US$200 million in senior notes with a coupon of 5.95% on Nov. 20, 2020, maturing on Nov. 18, 2021. These are Zhenro’s first and second green bond issuances since the company entered the offshore bond market in 2018.