Israel raises USD 2 billion in first green bond offering
Categories: Banking & Finance
Ministry of Finance Accountant General Yali Rothenberg has completed Israel’s first offering of green bonds, amounting to USD 2 billion.
The bonds were issued for a term of ten years, bearing annual interest of 4.5%. The offering was aimed at the international market, while talks are underway between the Accountant General Department and the Israel Securities Authority on an issue of shekel-denominated green bonds in the local market.
Meitar represented the underwriters, Bank of America Securities, Barclays, BNP Paribas and Citigroup.
Read more in Globes.
