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Sicredi raises sustainable funding

Sicredi raises sustainable funding

June 28, 2022 | Thierry Ogier
Brazilian financial co-op raises $149 mln for solar power projects, green buildings and loans to small farmers

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Brazilian financial co-operative Sicredi raised BRL780 million ($149 million) in its first issue of sustainable financial notes last week, Alexandre Barbosa, head of the treasury, told LatinFinance on Monday. The co-op printed BRL208 million in 2024 notes and BRL572 million in 2025 notes with Bradesco BBI as the lead coordinator, Barbosa said. "We always monitor market conditions. Sometimes it can absorb longer or shorter maturities. At the moment, we understand that opting for two and three yea

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