[IMPORTANT: Make this 4 times longer with much more detail]
Get the news on sustainable finance & investment in Latin America Email * Company * Δ NEWSLETTER DELIVERED MONTHLY THANKS TO Central American lender BAC Credomatic issued $140 million worth of sustainable bonds in the Guatemalan market in a deal arranged by IDB Invest, the US-based development bank said Thursday. IDB Invest said it purchased $70 million worth of five-year bonds, while Latin America-focused green bond fund LAGreen and Paris-based development finance lender Proparco acquired $20 million and $50 million respectively. BAC Credomatic’s local branch intends to use the funds to provide social and green loans for micro, small- and medium-sized businesses owned by woman and to finance green investments, IDB Invest said in a press release. Additionally, IDB Invest will advise the Costa Rica-based lender on drawing up a sustainable bond framework aligned with the International Capital Markets Association principles. ADVERTISEMENT We Helped a Solar Plant Hire More Women. Will the Industry Follow Suit? The Lucayas Solar Power Project in the Bahamas marked a milestone by pioneering the integration of women in the construction of solar photovoltaic plants. What we learned in the process can help other companies’ commitment to gender equity. BAC Credomatic asked the private sector financing arm of the IDB Group to arrange the deal in July last year as part of its $500 million bond program in the Guatemalan market. More Sustainable Finance & Investment News FREE TO READ THANKS TO CABEI prices maiden sterling bond Cargill buys out SJC Bionergia investors BBVA México signs new SLL BBVA Perú prints gender bonds Aegea gets fresh BNDES financing GDPar to price second Brazil bond Aguas Andinas returns to Chile market with ESG bond CABEI plans sterling bond debut CCR secures renewables supply Nafin to sell more social bonds GeoPark, ATP Towers, Ambipar print global bonds IFC supports BV solar financing Load more posts Something went wrong. Please refresh the page and/or try again.
