Banco Popular to go green in next local bond sale

Banco Popular to go green in next local bond sale

Corporate & Sovereign Strategy Bonds Debt Fixed Income Green Bonds ESG Capital Markets Dominican Republic

Fiduciaria Popular, an investment division of Grupo Popular in the Dominican Republic, said it plans to issue up to $20 million worth of dollar-denominated green bonds in the local market next week, according to a securities filing. Fiduciaria Popular expects to price the 15-year notes at a fixed rate of 5.15% on December 29 as part of a $100 million bond program, it said in the filing on Wednesday. Inversiones Popular, the financial group's brokerage division, will be the structuring and placem

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