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Qatar raises US$2.5 bil through first-ever green bond

Bloomberg
Bloomberg • 2 min read
Qatar raises US$2.5 bil through first-ever green bond
Qatar is yet to announce a timeline for zeroing out its carbon emissions and is one of the world’s highest per capita emitters of planet-warming gases. Photo: Bloomberg
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Qatar raised US$2.5 billion ($3.37 billion) with its first dollar bonds in four years and a debut green deal, tapping into a booming global market for sustainable debt.

The green bonds were split between a US$1 billion five-year portion and a US$1.5 billion 10-year tranche. The shorter notes were priced with a spread of 30 basis points over US Treasuries, equating to a yield of 4.74%, down from initial guidance of 70 basis points.

The 10-year debt had a spread of 40 basis points and a yield of 4.82%.

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