[Climate Bonds] AfDB to issue $500m AAA green bond in Sept/Oct; arranger still to be selected

Jay Owen Green Prosperity

Environmental Finance today reports that the African Development Bank (AfDB) plans to issue a US$500 million AAA green bond in September or October. This would be AfDB’s biggest green bond to date; they hope to start presenting to investors in coming weeks.The AfDB has previously raised about $400 million through …