This service will be accessible for five days after the link becomes active
uae5 hours ago
Abu Dhabi Commercial Bank, the United Arab Emirates' third-biggest lender, has hired a group of banks for a sale of US dollar-denominated debut green bonds, a document showed.
Barclays and ING were hired as joint sustainability structuring advisors, the investors' note showed. Abu Dhabi Commercial Bank, BofA Securities, JPMorgan, Mizuho and SMBC Nikko join them as joint lead managers and book runners.
The banks will arrange a series of investor meetings starting on Monday. An issuance of five-year senior unsecured green bonds of benchmark size will follow, subject to market conditions. Benchmark usually means at least $500 million.
ALSO READ:
Proceeds from the planned debt sale will finance or refinance green loans eligible under ADBC's green bond framework.
This service will be accessible for five days after the link becomes active
uae5 hours ago
Onion has been selling at over Dh6 per kg in the local hypermarkets after India put restrictions on exports last year
uae5 hours ago
Determined to drive all the way to her birthplace of Lagos, her journey involved wild camping for almost 74 days, and a harrowing car crash
travel5 hours ago
Explorers have reported experiencing overflowing wadis across the country
uae5 hours ago
The pre-race favourite is bidding to become the first man to win the Giro d'Italia and Tour de France double since Marco Pantani in 1998
sports10 hours ago
Rublev had lost four consecutive matches before arriving in the Spanish capital but came from a set down to beat his Canadian opponent
tennis10 hours ago
He is best remembered for leading Argentina to the 1978 World Cup triumph
football10 hours ago
The UAE lost to Sri Lanka by 15 runs in the Global Qualifier semifinal
cricket11 hours ago