Masdar Raises $600 Million in Debut Blue Bond Issue

Abu Dhabi Future Energy Company, known as Masdar, has announced its first blue bond issuance, raising $600 million through a five-year offering.

The bonds were issued under the company’s $6 billion global medium-term note programme, marking its debut in the blue bond market.

The issuance received an AA- credit rating from both Standard & Poor’s and Fitch.

According to Masdar, this is the highest credit rating awarded to a publicly offered blue bond worldwide to date.