Sicredi lines up more ESG bonds

Sicredi lines up more ESG bonds

Corporate & Sovereign Strategy International Financial Institutions Inter-American Development Bank (IDB) Bonds Debt Fixed Income Loans ESG Green Bonds Green Finance Brazil United States Sustainable Development Bonds Capital Markets Energy Renewable

Brazilian financial co-operative Sicredi is expected to issue more thematic bonds after completing its first green bond issue in a private placement with IDB Invest, the multilateral lender said in a press release on Tuesday. Porto Alegre-based Sicredi issued the 10-year, non-call five bonds to finance renewable energy and energy efficiency projects in Brazil and also add to Tier 2 capital, according to IDB Invest. The private sector affiliate of the Inter-American Development Bank (IDB) had sai

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