ADCB gauges appetite for new green bond issuance: The Abu Dhabi Commercial Bank (ADCB) — the UAE’s third largest bank — plans to issue a long five-year USD-denominated green bond following investor meetings set to begin today, Reuters reports, citing fixed income news service IFR. The planned issuance would still depend on market conditions, according to IFR.

Advisors: ADCB has hired Barclays, Deutsche Bank, Emirates NBD Capital, JP Morgan, Mizuho itself as joint bookrunners to schedule the investor meetings. Barclays has also been hired as sole ESG coordinator.

Not its first: ADCB raised USD 500 mn with its inaugural green bonds last year after luring in over USD 1.8 bn in orders for the issuance.

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