Green Bond Issued for Waste Recycling www.montsame.mn
TJTB LLC, a company listed on the Mongolian Stock Exchange, has introduced the “Green Recycle” Green Bond for public offering.
The primary market trading orders for the second tranche of the green bond will be accepted through the IPO system of the Mongolian Stock Exchange on December 20-26, 2024.
Name: "Green Recycle" Bond
Number of Bonds: Up to 40,000
Total Value: USD 4,000,000 (Four million US dollars)
Annual Interest Rate: 10.0%
Interest Payment Frequency: Semi-annually
Repayment Method: At maturity
Custody and Settlement: Central Securities Depository
By issuing this bond, the company aims to raise funds for its "TML Plastic" Recycle Plant, which specializes in recycling plastic bottles and products.
Published Date:2024-12-19