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First Abu Dhabi Bank (FAB) Green Bonds: A Milestone in Sustainable Finance

First Abu Dhabi Bank (FAB) Green Bonds: A Milestone in Sustainable Finance

Secondary Headline (H2):Analyzing FAB’s 5-Year $2.2 Billion Green Bond Issuance and Market Impact

The landscape of sustainable finance in the Middle East saw a pivotal shift when First Abu Dhabi Bank (FAB), the UAE’s largest lender, announced the price guidance for its high-profile five-year, dollar-denominated green bonds.

Expected to price with an initial guidance of 145-150 basis points over U.S. Treasuries, this issuance serves as a critical case study for institutional investors tracking decarbonization capital and Middle Eastern ESG mandates.

Institutional Leadership and Bookrunning The debt sale was managed by a powerhouse syndicate of global financial institutions, underscoring the international demand for UAE-led green initiatives. Joint lead managers and bookrunners included:

  • Citi
  • Deutsche Bank
  • Mizuho
  • Standard Chartered
  • First Abu Dhabi Bank

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

The Broader ESG Context This issuance follows the strategic momentum of the region, aligning with the launch of the Abu Dhabi carbon credit trading exchange, which established the UAE as a global clearinghouse for climate-focused financial instruments.

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