Total green and sustainability-linked debt issuance in the region reaches $18.64b in 2021The Middle East and North Africa (MENA) region’s syndicated market for green and sustainability-linked bonds and loans continued to deepen and mature in 2021. More green loansIn a reversal of previous years, more green loans were issued than green bonds in 2021 in the MENA region. Syndicated green loans totaling $6.95 billion were issued in the MENA region in 2021, compared with $1.6 billion of green bonds. In the green bond space, 2021 saw FAB issue a series of six multi-currency green bonds totaling $605 million. A variety of international banks participated in green bonds in 2021, with Credit Suisse, Barclays and Citi the top managers.

Source: The North Africa Journal January 08, 2022 04:25 UTC