Masdar hires bookrunners upcoming green bond sale

Chicago, July 17 – Abu Dhabi Future Energy Co. PJSC (Masdar) (A2//A+) assembled a team of bookrunners for an upcoming green bond sale, according to a market source.

The company is planning a benchmark-size dollar-denominated senior green bond under the company’s euro medium-term note program.

Citigroup and First Abu Dhabi Bank will work as joint global coordinators.

BNP Paribas, HSBC, SMBC Nikko, Societe Generale and Standard Chartered Bank are the joint lead managers and joint bookrunners.

BNP Paribase and SMBC Nikko were the joint ESG structuring advisers.

A global investor call was held on Monday.

A series of fixed-income investor calls are also part of the marketing plan.

Masdar is 96% indirectly owned by the government of Abu Dhabi via TAQA. It is the s the UAE’s clean energy champion and a leading developer and operator of utility-scale renewable energy projects.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.