JOURNAL ARTICLE

Saudi Government Preps Green Bond Debut as Debt Spree Carries On.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Magdy, Mirette; Voitova, Olga 3 of 3

Abstract

Saudi Arabia's government is preparing to issue a debut green bond as part of its ongoing borrowing spree to support economic diversification efforts. The potential bond sale, which may include euro-denominated notes with a seven-year green bond and a 12-year conventional bond, aims to help the kingdom reduce greenhouse gas emissions. The proceeds from the green bond will finance projects aligned with Saudi Arabia's green financial framework, focusing on initiatives like cleaner transportation and renewable energy. The government has mandated HSBC, JPMorgan, and Societe Generale as global coordinators for the bond sale, highlighting the country's active presence in global debt markets. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/02, pN.PAG
  • Document Type:Article
  • Subject Area:Politics and Government
  • Publication Date:2025
  • Accession Number:183253369
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.