The African Development Bank has announced upcoming investor calls and meetings in New York, London and Paris, ahead of an inaugural USD Global Benchmark Sustainable Hybrid Capital transaction.
In July, S&P Global Ratings assigned an AA- rating to the proposed instrument – the highest rating for hybrid capital. The transaction will be issued in a Sustainable Bond format, under the Bank’s newly established Sustainable Bond Framework, and will finance a combined portfolio of eligible green and social projects.
For more information, please see https://www.ecofinagency.com/finance/1309-44848-afdb-announces-investor-calls-for-inaugural-usd-global-benchmark-sustainable-hybrid-capital-transaction
