First Abu Dhabi Bank To Announce 5-Year Green Bonds

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First Abu Dhabi Bank has given initial price guidance of 145-150 basis points over U.S. Treasuries for five-year dollar-denominated green bonds expected to price on Thursday, a bank document showed.

See related article: Abu Dhabi to launch the first regulated carbon credit trading exchange and clearing house in the world

Citi, Deutsche Bank, First Abu Dhabi Bank, Mizuho and Standard Chartered are joint lead managers and bookrunners on the debt sale, the document showed.

Source: Reuters