A man rides a bicycle past Emirates NBD head office in Dubai, UAE January 30, 2018. REUTERS/Satish Kumar/File photo Acquire Licensing Rights
Oct 3 (Reuters) – Emirates NBD Bank (ENBD.DU), the Dubai's largest lender, is set to raise $750 million from its first green bonds, according to a bank document seen by Reuters on Tuesday.
The spread for the debt sale has been set at 120 basis points over U.S. Treasuries, tighter than guidance of 140 bps over the same benchmark released earlier in the day after orders topped $1.90 billion, a bank document showed.
A dollar-denominated 5-year green senior unsecured bond will be issued under its $20 billion Euro Medium Term Note Programme.
Reporting by Shamsuddin Mohd, Editing by Louise Heavens
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The U.S. Forest Service wants to allow carbon capture and storage (CCS) projects on national forest land, according to a proposed rule published by the agency on Friday.
California's top public pension system on Friday said it will more than double its climate-focused investments to $100 billion by 2030 and consider selling stocks in companies with poor plans for the energy transition.
The U.S. Forest Service wants to allow carbon capture and storage (CCS) projects on national forest land, according to a proposed rule published by the agency on Friday.
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