The framework is accompanied by a second party opinion from ESG ratings agency Sustainalytics
Tabreed currently delivers over 1.404 million refrigeration tonnes to key developments across the UAE and Saudi Arabia
The transaction is expected to complete in the first quarter of 2021
The bond has been rated Baa3 by Moody’s and BBB by Fitch
It will be issued in one or more tranches over the next 12 months
The Abu Dhabi-based district cooling utility company appointed Jasim Thabet as its new chief executive officer.