One of Bangladesh’s leading private sector banks is preparing a dollar-denominated green bond deal that will not only mark its own international capital markets debut, but also the country’s as well.
As such, a prospective $100 million transaction by City Bank will set an important pricing benchmark for the country’s credit risk.
Local bankers say the offering is expected to come later this year or early next year and will be backed by the International Finance Corporation IFC, which took a 5% stake in the bank last spring.
In some ways, the deal follows-on from the work the supranational has done in...
¬ Haymarket Media Limited. All rights reserved.
