ISLAMABAD, May 27 (APP): Minister of State for Information and Broadcasting Farrukh Habib Thursday congratulated the Water and Power Development Authority (WAPDA) on making the debut at international market with the launch of a Green Eurobond amounting to $500 million.
In a tweet, he said the WAPDA achieved this feat without any financial obligation on the government, adding it attracted six-fold bids from the international green financing organizations with oversubscribed reaching close to the $3 billion amount.
Congratulations at launch of debut US$ 500 Million Green Eurobond by WAPDA to reach int'nal markets on its own credentials for 1st time & without any financial obligation on govt. WAPDA's bond went 6× oversubscribed reaching close to US$ 3 billion. These are New Horizons for Pak.
— Farrukh Habib (@FarrukhHabibISF) May 27, 2021
“Congratulations at launch of debut US$ 500 Million Green Eurobond by WAPDA to reach international markets on its own credentials for 1st time & without any financial obligation on govt. WAPDA’s bond went 6× oversubscribed reaching close to US$ 3 billion. These are New Horizons for Pak,” he tweeted.