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Largest social bond ‘Fight Covid-19’ by AfDB launched on LSE

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Logistics Update Africa
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Largest social bond ‘Fight Covid-19’ by AfDB launched on LSE

The African Development Bank’s (AfDB) ‘Fight Covid-19’ social bond, the largest social bond to date to be issued in the capital markets, listed on London Stock Exchange on April 3, 2020, is now available through its Sustainable Bond Market. The over-subscribed transaction, which attracted $4.6 billion of interest in the book and raised an exceptional $3 billion, was launched to alleviate the impact of Covid-19 on Africa’s economies and livelihoods.

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Logistics Update Africa