DUBAI, Feb 7 (Reuters) - Saudi Arabia's sovereign Public
Investment Fund (PIF) is set to raise $5.5 billion through a
sale of green bonds comprising three tranches for which orders
topped $32.5 billion, one of the banks acting as a lead manager
on the deal said on Tuesday.
The wealth fund was set to raise $1.75 billion in seven-year
paper at 115 basis points (bps) over U.S. Treasuries (UST), $2
billion in a 12-year tranche at 145 bps over UST and $1.75
billion in 30-year bonds at 185 bps over UST, the lead manager
said.
(Reporting by Yoruk Bahceli in Amsterdam; Writing by Yousef
Saba in Dubai. Editing by Jane Merriman)
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