Masdar lists its debut $750 million green bond on London Stock Exchange
Abu Dhabi clean energy company Masdar on Monday listed its first green bond on the London Stock Exchange to fund its new clean energy projects.
Masdar completed its issuance for the $750 million green bond offering on July 19 through the sale of 10-year senior unsecured notes. The offering was 5.6 times oversubscribed, with the order book peaking at $4.2 billion, following strong appetite from regional and international investors.
“This is a defining moment for Masdar and climate finance … The demand for green bonds is extremely high and will enable investment in renewable energy projects, many of which will be in developing economies and climate-vulnerable countries,” Dr Sultan Al Jaber, Cop28 President-designate and chairman of Masdar, said in a statement on Monday.
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