NEWS
Chilean Enaex places a corporate sustainability-linked bond
09/07/2023 Since 9 months
Enaex Chile, a local subsidiary from the Sigdo Koppers Group in the mining sector, has announced the first issuance in the local market of a Sustainability-Linked Bond (SLB) for an amount equivalent to 102 million dollars.
The placement was over-subscribed by 1.5x the amount finally issued, mainly by institutional investors. The bond has a 12-year term with an interest rate of 3.86% annually.
The SLB bond issuance requires the fulfillment of specific emissions reduction goals, aligned to Enaex’s sustainability strategy. The verification of these goals will be performed through a Second Party Opinion (“SPO”) that will be prepared by Sustainable Fitch after the annual emissions certification by SGS Chile.
LATEST NEWS
Bolivia increases its resilience to natural disasters and public health emergencies with IDB support
Bolivia will receive a 250-million dollars contingent loan from the Inter-American Development Bank (IDB), with the objective to build greater financial resilience against floods, droughts, forest fires and possible e...
Since 3 weeks
Read More
Green & other labelled debt hit 870 billion dollars
The Climate Bonds Initiative (CBI) released its 2023 Global State of the Market Report, where it recorded an aligned green, social, sustainability, transition, and other use-of-proceeds (known as GSS+) debt volume of ...
Since 4 weeks
Read More
BNDES signs agreements with SFB and IDB for forest concession projects
The National Bank for Economic and Social Development (BNDES) of Brazil has signed a Technical Cooperation Agreement (ACT) with the Brazilian Forest Service Bank (SFB) and an agreement with the Inter-American Developm...
Since 4 weeks
Read More