‘TAQA’ prices $1.75bn dual tranche
The 12-year senior unsecured notes are sized $850m.
China Construction Bank lists $600m green bond in Nasdaq Dubai
DUBAI, UAE - Nasdaq Dubai has welcomed the listing of a US$600 million green bond by China Construction Bank (DIFC Branch).The green bond issuance targets combating climate change, represents China Construction Bank's significant commitment to sustainable financing and highlights the growing synergy in green financing between China and UAE.To mark...
Mubadala issues its first-ever Green Bond for $750m
Abu Dhabi, UAE - Mubadala has issued its first-ever Green Bond for US$750 million with a tenor of 10.5 years, at a yield of 6.03 percent and coupon at 5.875 percent. The issue saw strong demand from the market.The order books peaked at more than $6 billion with robust demand...In a world first, EU gives nod to green bond standards
Brussels, Belgium - European Parliament has adopted a new voluntary standard for the use of a “European Green Bond” label, the first of its kind in the world.The regulation, adopted by 418 votes in favour, 79 against and 72 abstentions, lays down uniform standards for issuers who wish to use the...
First Abu Dhabi Bank prices $600 million five-year green bond
Dubai, UAE -- First Abu Dhabi Bank (FAB) has raised $600 million from an offering of a five-year bond, which is the first green bond issued by a financial institution in the MENA region in 2023.The green bond was upsized to $600 million from the initial $500 million after the...
EU strikes deal to create world’s first ‘green’ bond standard for investors
Investors' appetite for "green debt", used to finance renewable energy projects, low-carbon transport or well-insulated housing, is growing exponentially. But the European Union until now did not have a common standard to certify the sustainability of investments.
PIF raises US$5.5bn in bond issue
The capital will finance PIF's green investments.TAQA Group, EWEC price green bond
The bonds were 1.8 times oversubscribed.
