November 4, 2021 |
IDB Invest, the private sector affiliate of the Inter-American Development Bank (IDB), said Wednesday that it issued the first blue bonds for Latin America and the Caribbean, raising AUD50 million ($37.2 million) to fund ocean and freshwater conservation projects.
The 10-year notes carried a coupon of 2.2% and priced at 99.488 to yield 2.2575% with TD Securities as the lead arranger, IDB Invest said in a press release.
IDB Invest announced the blue bond sale at the United Nations climate confere
IDB's private sector affiliate raises $37 mln to finance recovery efforts in tourism and fishing sectors