April 23 (Reuters) - Energy-focused multilateral
financial institution, the Arab Petroleum Investments
Corporation (APICORP), has hired banks to arrange investor
meetings ahead of a planned 5-year green bond sale, an arranging
bank document showed on Tuesday.
APICORP, which recently rebranded as The Arab Energy Fund,
has picked Crédit Agricole CIB, Emirates NBD Capital, J.P.
Morgan, Nomura and Standard Chartered Bank ( SCBFF ) as joint lead
managers for the sustainable debt transaction, the document
said.
Crédit Agricole CIB is also working as sole green
structuring adviser on APICORP's green bond issuance.
The investor meetings are scheduled to start from April 23
and will be followed by a benchmark-sized U.S. dollar
denominated senior green bonds offering, subject to market
conditions, the document added.