The Abu Dhabi Securities Exchange (ADX) has listed $1 billion in green bonds issued by Abu Dhabi Future Energy Company (Masdar) in two tranches.
The first tranche, valued at $500 million, carries a fixed interest rate of 4.875% and matures on July 25, 2029. The second tranche, also $500 million, has a fixed interest rate of 5.25% and matures on July 25, 2034.
The bond issuance saw strong demand from regional and global investors, with subscription orders peaking at $4.6 billion, representing an oversubscription of 4.6 times.
