Tabreed has issued two $500 million USD fixed income instruments (Sukuk in Oct 2018 and Bond in Oct 2020) supported by its high credit quality and revenues.
Since 2018, Tabreed has implemented a conservative debt policy to maintain Investment Grade Status (Baa3 by Moodys & BBB by Fitch) and optimal debt structure.
Tabreed has prepared its Green Finance Framework, which will cover all future financing activities in line with the Green Bond Principles 2021 and the Green Loan Principles 2021.
Sustainalytics confirmed in its Second Party Opinion (SPO) that the National Central Cooling Company’s Green Financing Framework has aligned with the four core components of the GBP and GLP.
