Abu Dhabi First Bank has successfully issued blue bonds worth HKD 390 million (USD 50 million) with a five-year maturity, marking it as the first financial institution in the Gulf region to launch such a bond.
The blue bonds were offered through a private placement involving an investor classified under Article 9 “Dark Green,” actively seeking an investment tool categorized as “Blue.”
This issuance aligns with the Abu Dhabi First Bank’s Sustainable Financing Framework for 2023 and adheres to the Green Bond Principles established by the International Capital Market Association (ICMA).