{"id":49373,"date":"2022-04-26T17:42:30","date_gmt":"2022-04-26T14:42:30","guid":{"rendered":"http:\/\/www.indexeconomic.com\/?p=49373"},"modified":"2022-04-26T17:42:31","modified_gmt":"2022-04-26T14:42:31","slug":"apicorp-green-bond-wins-esg-bond-deal-of-the-year","status":"publish","type":"post","link":"https:\/\/indexeconomic.com\/?p=49373","title":{"rendered":"APICORP Green Bond wins ESG Bond Deal of the Year"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-left\">The Arab Petroleum Investments Corporation (APICORP), an energy-focused multilateral financial institution, has won ESG Bond Deal of the Year at the Bonds, Loans &amp; Sukuk Middle East Awards.<\/p>\n\n\n\n<p class=\"has-text-align-left\">The award will be formally presented to APICORP at the Bonds, Loans &amp; Sukuk Middle East Awards ceremony, which is scheduled to take place on 8th June 2022 at the Madinat Jumeirah in Dubai, UAE alongside the annual Bonds, Loans &amp; Sukuk Middle East conference.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Commenting on the win, Dr. Ahmed Ali Attiga, CEO of APICORP, said:<\/strong>&nbsp;\u201cWe are honored to receive such a prestigious award and are delighted that MENA region\u2019s first-ever green bond issued by an energy-focused financial institution has been recognized in this way.<\/p>\n\n\n\n<p class=\"has-text-align-left\">\u201cAPICORP is committed to developing innovative financial solutions that will create a more sustainable future, and we expect to allocate US $1 billion to green energy projects over the next two years.<\/p>\n\n\n\n<p class=\"has-text-align-left\">\u201cThe bond, which was 3 times oversubscribed, has proven to be a resounding success, raising US $750 million from both regional and global investors, a reflection of the strong demand for sustainable investments both in MENA and beyond.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-left\">The US-denominated five-year benchmark US $750m issuance will be utilized to fund projects that align with the United Nations Sustainable Development Goals, such as renewable energy, green buildings, pollution prevention and control, and low-carbon technologies and solutions.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Arab Petroleum Investments Corporation (APICORP), an energy-focused multilateral financial institution, has won ESG Bond Deal of the Year at the Bonds, Loans &amp; Sukuk Middle East Awards. The award will be formally presented to APICORP at the Bonds, Loans &amp; Sukuk Middle East Awards ceremony, which is scheduled to take place on 8th June &hellip;<\/p>\n","protected":false},"author":2,"featured_media":49374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[439],"tags":[],"class_list":["post-49373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>APICORP Green Bond wins ESG Bond Deal of the Year - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indexeconomic.com\/?p=49373\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"APICORP Green Bond wins ESG Bond Deal of the Year - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a\" \/>\n<meta property=\"og:description\" content=\"The Arab Petroleum Investments Corporation (APICORP), an energy-focused multilateral financial institution, has won ESG Bond Deal of the Year at the Bonds, Loans &amp; Sukuk Middle East Awards. 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