The bank lineup helping Emirates NBD Bank take its maiden green bond issuance to market: Emirates NBD has tapped Abu Dhabi Commercial Bank, BNP Paribas, Emirates NBD Capital, HSBC, ING and Standard Chartered Bank were named as joint leaders and bookrunners on its planned green bond sale, Reuters reports, citing a document it has seen.

HSBC and ING will co-serve as sustainability coordinators: The two banks will help define the specific environmental and sustainability goals and projects that the green bond proceeds will support, verify their environmental impact, and facilitate communication with investors and other stakeholders.

The issuance in question: Emirates NBD is planning to issue a “benchmark-sized,” five-year, USD-denominated green senior unsecured bond under its USD 20 bn Euro Medium Term Note Program, the document said.

Emirates NBD launched a framework to increase its sustainable debt issuance last month: The plan aims to streamline the process of providing green debt and other sustainable instruments to “finance projects that enable the transition to a low carbon and climate-resilient economy,” the company said in a statement. The framework applies to all its entities, including Emirates NBD, Emirates Islamic, DenizBank and Emirates NBD Asset Management.