June 14, 2021
IDB Invest, the private sector affiliate of the Inter-American Development Bank (IDB), said it issued $100 million in 10-year transition bonds in a private placement with Japanese life insurance company Meiji Yasuda Life.
Citi arranged the sale of new 2031 notes, which priced with a coupon of 1.69%, IDB Invest said in a press release on Thursday.
The private placement was the third deal and the first green bond sale under the sustainable debt framework that IDB Invest introduced earlier this yea
IDB's private sector affiliate raises $100 mln to help companies meet the goals of the Paris Agreement