Egypt green bond on hold as ESG market sparks

By Mariam Meskin
09 Jun 2020

Egypt’s debut green bond, which had been expected to come to market in the first half of the year, is on hold, according to sources. But although the coronavirus pandemic has impacted issuance for issuers such as Egypt, the green bond market is far from dead.

A source in Egypt close to the matter and a banker near the deal confirmed the original time frame for the deal is now uncertain given current circumstances.

“We are not sure… Things are not that clear at present,” said the source in Egypt, referring to the onset of ...

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