Commercial Bank of #Dubai gives price guidance for $500mln green bonds

Commercial Bank of Dubai gives price guidance for $500mln green bonds

Commercial Bank of Dubai is expected to raise $500 million through a debut sale of green bonds, for which initial price guidance was around 175 basis points over U.S. Treasuries, a bank document showed on Wednesday.

The five-year bonds are expected to price later on Wednesday, the document on the debt sale from one of the arranging banks showed.