Emirates NBD Bank holds Monday call for debut five-year green bonds

Chicago, Oct. 2 – Emirates NBD Bank PJSC (A2//A+) was marketing a debut five-year green bond on Monday via a global investor call, according to a market source.

Abu Dhabi Commercial Bank, BNP Paribas, Emirates NBD Capital, HSBC, ING and Standard Chartered Bank will be the joint lead managers and joint bookrunners for the dollar-denominated benchmark offering.

Distribution will be through Regulation S.

Emirates NBD Capital, HSBC and ING are acting as sustainability structuring agents.

Any new notes will be issued under the bank’s $20 billion euro medium-term note program.

Emirates NBD Bank is the principal investment arm of the government of Dubai. It is the second largest bank in the UAE.

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