Logo of the Public Investment Fund (PIF)
The Public Investment Fund (PIF) raised $5.5 billion from a three-tranche green bond sale, Bloomberg reported today, Feb. 8, citing sources in the know.
The sovereign wealth fund secured $32 billion worth of orders for the bonds that have maturities of seven, 12 and 30 years. The deal priced with the notes to yield 115, 145 and 185 basis points (bps) over US Treasuries (UST).
Goldman Sachs Group Inc., JPMorgan Chase & Co., Standard Chartered Bank, Bank of America (BofA) Securities, BNP Paribas, Citigroup, First Abu Dhabi Bank (FAB), HSBC Bank, Morgan Stanley, Credit Agricole CIB, GIB Capital, ICBC International Securities, Mizuho Bank, SMBC Nikko and Societe Generale Group managed the PIF offering.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}