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Commercial Bank of Dubai plans debut green bonds - document

Middle East

05-06-2023 | 05:16

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Commercial Bank of Dubai plans debut green bonds - document

Commercial Bank of Dubai (CBD.DU) has hired banks to arrange a debut sale of U.S. dollar-denominated green bonds, a bank document showed on Monday.

Citi, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, JPMorgan, Natixis and Standard Chartered will hold investor calls on Monday and Tuesday, the document from one of the banks showed.

A five-year benchmark-sized issuance - typically at least $500 million - will follow, subject to market conditions.

Reuters

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