ADX welcomes secondary listing of $750m green bond

  • Date: 11-Oct-2023
  • Source: The Gulf Time
  • Sector:Financial Markets
  • Country:UAE
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ADX welcomes secondary listing of $750m green bond

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) welcomed the secondary listing of a $750 million Green Bond by Abu Dhabi Future Energy Company (Masdar), the global clean energy powerhouse based in Abu Dhabi. The ten-year bond, which was 5.6 times oversubscribed, carries a 4.875 percent coupon rate and will mature in July 2033. ...

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