July 16, 2019 |
Chile’s green bond market is expected to grow sharply this year amid rising investor interest in companies that want to fund environmentally-friendly projects, LatinFinance has heard.
So far this year, companies have raised $366m from local bonds and several other deals are expected, said a source at a Santiago-based brokerage.
“Investors are increasingly interested in companies that have good environmental, social and governance practices,” he said. “We expect more bonds in coming quarters.”
A growing pipeline is expected after five companies raise a combined $366m for projects