IDB Invest bankrolls first sustainable bond in Uruguay

IDB Invest bankrolls first sustainable bond in Uruguay

Bonds Debt Fixed Income ESG Sustainability-Linked Capital Markets Project & Infrastructure Finance Energy Uruguay Spain United States

IDB Invest, the private sector division of the Inter-American Development Bank (IDB), said Wednesday that it structured and subscribed to the first sustainable bond sale by a private issuer in Uruguay, a $15 million deal by the local branch of Spanish lender BBVA. Proceeds from the 10-year notes will finance environmentally and socially responsible projects in the energy, transport, agriculture and construction along with loans to micro-, small and medium-sized enterprises (MSMEs), IDB Invest sa

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial