PIF plans EUR-denominated green bond issuance: Report

Saudi Arabia’s Public Investment Fund (PIF) plans to issue EUR-denominated green bonds in two tranches, Reuters reported, citing International Financing Review (IFR).

The sovereign wealth fund appointed Crédit Agricole, JPMorgan, and Société Générale as joint global coordinators for the offering, which will carry maturities of three and seven years, depending on market conditions.