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Home News Morocco: Casablanca Finance Hub Issues 335 M MAD Green Bond

Morocco: Casablanca Finance Hub Issues 335 M MAD Green Bond

30 May 2019NewsMarrakech Pledge

Morocco’s finance and business hub Casablanca Finance City (CFC) had raised 335 million dirhams ($ 35.8 mln) via a green bond to finance its environmentally friendly real estate programme.

The issuance of a 15-year bond was completed through a private placement with the largest institutional investors of the Kingdom.

Read more:

https://www.globalethicalbanking.com/moroccos-finance-hub-issues-335-mln-dirhams-green-bond/

Previous post The AMMC participates along with CBI and SBN in IFC’s Webinar series: Creating Green Bond Markets in Africa Next post Morocco: Climate Investment Funds holds its ten-year anniversary summit at the world’s largest solar plant in Morocco

The « Marrakech Pledge » for « Fostering Green Capital Markets in Africa » is a commitment by all African Capital Markets Regulators and Exchanges to act collectively in favor of sustainable development by enabling the establishment of Green Capital Markets in Africa with the aims to promote Africa as a prominent regional green financial marketplace and an attractive destination for green and climate-resilient investments.

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