The Sumatoria Civil Association from Argentina has successfully placed a new series of Negotiable Obligations (ON) for a record nominal amount equivalent to nearly 800,000 dollars with the aim of financing projects and start-ups with social, environmental and sustainable impact.

The projects to be financed are related to financial inclusion, agroecology, regenerative livestock farming, connectivity, clean energy, and healthy foods, as well as environmental conservation and regeneration, socio-urban infrastructure, social and circular economy, and support for organizations and companies with positive impact.

The Class V Series 1 ONs were issued under the special regime for small and medium-sized companies of the National Securities Commission called the “SME CNV Guaranteed” regime. The 2-year term placement, obtained a negative interest rate if compared to the reference rate (Badlar – 1.55%).