Commentary & Deal Flow

Arab Petroleum Investments Corporation ("APICORP", recently rebranded as The Arab Energy Fund “TAEF”), a Multilateral Development Bank, rated Aa2 (stable outlook) by Moody's, AA- (stable outlook) by S&P, and AA (positive outlook) by Fitch has mandated Crédit Agricole CIB, Emirates NBD Capital, J.P. Morgan, Nomura and Standard Chartered Bank as Joint Lead Managers to arrange a series of fixed income investor calls commencing on Tuesday 23 April, 2024.

A benchmark USD-denominated Rule 144A / Regulation-S Green Bond offering with a 5-year tenor is expected to follow, subject to market conditions. The Certificates will be issued under Arab Petroleum Investments Corporation Global Medium Term Note Programme, with an expected rating of Aa2 by Moody’s, AA- by S&P and AA by Fitch.

Crédit Agricole CIB is also acting as sole Green Structuring Advisor.

Marketing: https://www.netroadshow.com, deal entry code: APIC24 (not case-sensitive).