BBVA Mexico placed a US$5 million sustainable bond, making them the first private bank to issue a sustainable bond in the country. Source: Hablemos de Dinero
GEM Digital Limited, a digital asset firm based in the Bahamas invested US$110 million in EcoWatt (EWT), a token backed by renewable energy and reforestation projects. Source: Coin Telegraph
Mirova recently acquired a renewable energy projects finance company, SunFunder, and plans to launch a US$500 million solar energy debt financing fund to target about 70 projects in Africa, Asia, and Latin America. Source: Real Assets
The World Bank granted the Panamanian government a US$250 million loan to help fund healthcare, education, and social services programs. Source: Latin Finance
IDB Invest issued its fourth domestic bond in Paraguay to finance access to medium and long-term local currency loans to small and medium-sized enterprises in the country through Sudameris Bank S.A.E.C.A (Sudameris). Source: IDB Invest
BBVA Mexico plans to sell four-year sustainable bonds to raise US$510.3 million. The bank will price the bonds at the TIIE interbank lending rate. Source: Latin Finance
Cresud, a leading agriculture business in Argentina, will sell at least US$20 million in 33-month dollar-denominated bonds in the local market. Source: Latin Finance
IDB Invest will provide US$250 million in financing for a PPP in Uruguay to improve the railroad line that connects Montevideo and Paso de Los Toros. IDB Invest will provide the funds through a “B” bond transaction, its largest such bond to date. Source: Latin Finance