investor demand: The pricing of this bond is the latest milestone for AIIB, now only in its fourth year of operation, the bank said, according to Global Times China. Meanwhile, Standard & Poor's, Moody's and Fitch all have triple A ratings on the inaugural bond. The five-year bond raised 2.5 billion US dollars and will drive AIIB's priorities of investing in sustainable infrastructure, developing cross border connectivity and promoting environmental, social and governance ESG investing in Emerging Asia. Thierry de Longuemar, AIIB's chief financial officer, hailed the pricing of the bond as a landmark transaction for the market, adding that the bond is reflective of investor demand globally for high-quality sustainable investments. The growing institutional demand for fiscally sustainable, revenue positive projects and support for AIIB's unique operating model is evidenced by the almost 8 billion US dollars of financings already approved by the Bank, said AIIB President Jin Liqun. We were delighted to see demand from such a diversified group of investors in the book and look forward to showing our global investor base the positive contribution that this capital will have in Asia and beyond, de Longuemar said.
(news.financializer.com). As
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Tagged under investor demand, landmark transaction topics.