Emirates NBD Issues World’s Largest Dual-Tranche Blue-Green Bond by a Financial Institution

Emirates NBD, a prominent banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has completed a record-breaking $1billion sustainable bond issuance. The transaction marks a significant milestone as the largest dual-tranche Blue-Green bond ever issued by a financial institution globally.The issuance, conducted under the bank’s Euro Medium Term Note (EMTN) Programme, consists of two tranches tailored to specific environmental objectives:Blue Tranche: A USD 300million tranche with a 3-yea ...