ADX welcomes Mubadala’s dual currency listing, includes its debut green bonds: UAE sovereign fund Mubadala has successfully listed its bonds worth USD 4.5 bn and AED 750 mn on the Abu Dhabi Securities Exchange (ADX) through its issuing entity Mamoura Diversified Global Holding, Wam writes. The listing includes Mubadala’s debut green bonds and the first AED-denominated bond by a corporation in the UAE. The listing of Mubadala’s green bond marks the seventh green debt listing on ADX.

REMEMBER- Mubadala’s already issued its first green bonds: Mubadala issued a USD 750 mn green bond in October with an order book surpassing USD 6 bn leading to a whopping 9.1x subscription rate.

More secondary listings for ADX: UAE state-owned renewable energy giant Masdar has completed the secondary listing of its debut USD 750 mn green bond on the ADX in October. The stock exchange welcomed the Abu Dhabi National Energy Company’s (Taqa) secondary listing of its USD 1.5 bn dual-tranche green bond in September.

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