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FinancialNews


  • 03-10-22

    PIF to reinforce support for local, worldwide green bond market

    (MENAFN) Saudi Arabia’s Public Investment Fund green bonds is going to support reinforce the local and worldwide green bond market, which in 2021 reached an amount of USD900 billion, the chief of Debt Capital Markets and Funds at the London Stock Exchange informed Al-Arabiya.

    The fund presently manages assets of more than USD600 billion. The PIF aims at those industries for financing that are along with the outline of green bonds and the fund proposes full transparency to financiers, Shrey Kohli also stated.

    In the meantime, the outline and prospectus of the PIF are obtainable on the London share Exchange platform, which permits stockholders to earn an understanding of the fund’s plan.

    Kohli stated that the London Stock Exchange backed by the PIF throughout its tour to sponsor the green bonds and fund seen an overwhelming stockholders’ reply from all across the world.

    The fund has assigned a huge group of banks such as Citi and JPMorgan to organize a debut issuance of multi-tranche US dollar-denominated green bonds.

    MENAFN03102022000045014228ID1104959193

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