Masdar raises US$600 million in highest rated public blue bond corporate offering worldwide
United Arab Emirates, Oct. 27 -- Abu Dhabi Future Energy Company PJSC - Masdar, a global clean energy leader, has strengthened and expanded its leadership position in sustainable finance with the issuance of the first blue bond in its US$6 billion Global Medium Term Note Programme. The US$600 million five-year tenor bond is rated AA- by S&P and Fitch, making it the highest rated public blue bond issued globally to date by a corporate.Issued on the London Stock Exchange's International Securities Market with a 5.875% US dollar coupon, the bond was swapped into euros at a 4.374% yield, efficiently aligning Masdar's funding with its European investment exposure. The transaction attracted resilient demand from a broad base of regional and inter...
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