Barbados lands blue loan to refinance bonds

Barbados lands blue loan to refinance bonds

Corporate & Sovereign Strategy Bonds Debt Fixed Income Loans Capital Markets ESG Barbados Structured Finance Green Finance

Barbados took out a blue loan from Credit Suisse and CIBC to repurchase $150 million in bonds, taking a page from a similar deal by Belize last year, according to the sustainable debt at US conservation organization The Nature Conservancy (TNC). "This is a structured product similar to the Belize blue bond project where there is a capital markets instrument to raise the funding which is lent to the government in the form of a blue loan," Slav Gatchev told LatinFinance on Friday. Barbados borrowe

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