Aguas Andinas de Chile places sustainable debt in the local market

Aguas Andinas, a Chilean sanitation and environmental services company that supplies drinking water and sewage to nearly 8 million residents in the city of Santiago de Chile, has successfully placed a sustainable bond on the Santiago Stock Exchange, for an amount in local currency equivalent to approximately 155 million dollars.

The bond has a total term of 21 years, including a 19-year grace period, and a 3.19% annual rate. The transaction was over-subscribed by 1.7 times the amount issued. The proceeds will be used to finance projects aligned with ESG principles, under Aguas Andinas’ “Biocity” strategy to address climate change.