Topic: Sustainable investment

Don’t overlook the G in ESG, warn panellists

In light of the widescale social impact of the pandemic, Latin American companies are increasingly looking at how to incorporate environment, social and governance (ESG) goals in their organisations, but businesses must ensure not to ignore the governance aspect of their ESG targets, or they may face additional compliance and corruption risks, say panellists at Latin Lawyer and GIR Connect: Anti-Corruption & Investigations Mexico.

14 June 2021

Mexico’s Orbia issues sustainability-linked bonds

Mexican conglomerate Orbia has hired Cleary Gottlieb Steen & Hamilton LLP in New York and Ritch Mueller in Mexico City to raise US$1.1 billion in two sustainability-linked bond issuances, as well as launching a tender offer to repurchase debt.

11 June 2021

Chávez Vargas steers Mexico’s third gender bond issuance

Mexican state-owned financial credit institution Fonacot has hired local law firm Chávez Vargas Minutti SC to raise 1.5 billion Mexican pesos (US$75 million) in a gender bond issuance.

09 June 2021

White & Case in Mexican agribusiness fund’s second social bonds

White & Case SC has helped Mexican trust Fondo Especial para Financiamientos Agropecuarios (FEFA) raise 10 billion Mexican pesos (US$504 million) in a debt issuance, including a tranche of social bonds with gender equality objectives.

04 June 2021

Deal of the Year Winner: ESG-finance

Featured in 15th Annual Awards

When Brazilian pulp and paper giant Suzano became the first company in Latin America to make a sustainability-linked bond issuance, it laid the groundwork for the financial instrument’s broader use in the region. It wins the inaugural ESG-finance category of our Deal of the Year Awards.

21 May 2021

Familiar firms in Chilean US$2 billion sovereign bond offering

The Republic of Chile has hired Linklaters in New York and Morales & Besa in Santiago in its latest sovereign bond issuance, worth US$2 billion.

18 May 2021

Natura makes US$1 billion sustainability-linked debt tap

Brazilian cosmetics giant Natura has hired Davis Polk & Wardwell LLP in São Paulo and New York and Trench Rossi Watanabe in São Paulo to raise US$1 billion in a sustainability-linked bond offering, the largest-ever by a Latin American business.

12 May 2021

Colombian 4G project issues first social bonds

Paul Hastings LLP in New York, Washington, DC and London and Posse Herrera Ruiz in Bogotá have helped a Sacyr-owned Colombian concessionaire raise 760 million pesos (US$204 million) in a social bond issuance, the first-ever for a Latin American infrastructure project.

12 May 2021

Headrick Rizik steers historic Dominican green bond trust

Dominican firm Headrick Rizik Alvarez & Fernández has helped power company Empresa Generadora de Electricidad Haina set up a trust through which the company plans to issue the country’s first green bonds.

06 May 2021

As corporate ESG takes off, how can law firms help?

Featured in Who represents Latin America's biggest companies 2020?

Environmental, social and corporate governance (ESG) initiatives are a hot topic among companies that have clocked changing consumer habits and want to get ahead of the trend in Latin America. Here, GCs consider what role external counsel have in helping companies put ESG efforts into practice.

05 May 2021

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