IDB Invest underwrites first sustainable bond sale in Ecuador

IDB Invest underwrites first sustainable bond sale in Ecuador

Corporate & Sovereign Strategy Bonds Debt Fixed Income IDB Invest Ecuador Capital Markets ESG Sustainability Bonds International Financial Institutions Inter-American Development Bank (IDB)

IDB Invest, the private sector affiliate of the Inter-American Development Bank (IDB), said it fully subscribed to the first sale of sustainable bonds in Ecuador, a $50 million deal from local lender Produbanco. The two-part bond sale raised $40 million to fund loans to small and medium-sized enterprises (SMEs) and $10 million to finance Produbanco's green portfolio, IDB Invest said in a press release on Tuesday. The second tranche included funds from the Canadian Climate Fund for the Americas (

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