Mubadala Investment Company announced the issuance of the first green bonds in its history, worth $750 million, for a period of 10.5 years, with a return of 6.03% and an interest rate of 5.875%. The issuance process witnessed strong demand.
Sharjah 24 – WAM:
Mubadala Investment Company issued the first green bonds in its history, worth $750 million, for a period of 10.5 years, with a return of 6.03% and an interest rate of 5.875%. The issuance process witnessed strong demand from the market.
The value of purchase orders rose to more than $6 billion, and there was strong demand from local, European, Asian and American investors.
This issuance is one of the highest oversubscribed issues in 2023, as the oversubscription reached 9.1 times, while the bond proceeds will be invested in investment categories compatible with the green financing network.
2023-10-27 22:33:20
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