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Commercial Bank of Dubai raises $500 million in inaugural green bond issuance
Commercial Bank of Dubai successfully raised $500 million via its inaugural green bond, it said on Wednesday. The five-year bond, with a coupon rate of 5.319 per cent, was priced at 140 basis points over Treasuries. The issuance generated substantial interest from investors following a well-received global road show. The…
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Click here to read the full story: Gulf News