NEWS
Chilean Enaex places a corporate sustainability-linked bond
09/07/2023 Since 8 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
Common Approach to Measuring Climate Results
IDB Invest and other twelve Multilateral Development Banks (MDBs), following their commitment at COP28, released a document with a first common approach to measuring climate results. The MDBs’ common approach aims to ...
Since 2 weeks
Read More
BNDES allocates resources from the Amazon Fund to support indigenous communities
The National Bank for Economic and Social Development (BNDES) of Brazil has approved resources in local currency equivalent to nearly 22 million dollars from the Amazon Fund for two new projects aimed at indigenous co...
Since 3 weeks
Read More
ENGIE Chile places green bonds in international markets
ENGIE Chile, belonging to the ENGIE Group with headquarters in France, one of the leading companies in the global energy industry, has issued green bonds for an amount equivalent to 500 million dollars in the internat...
Since 3 weeks
Read More