Topic: Sustainable investment

Minas Gerais Development Bank makes first sustainable bond issue

Madrona Advogados has helped Minas Gerais Development Bank (BDMG) issue sustainable bonds worth US$50 million.

28 January 2021

BTG Pactual taps international markets with sustainable bonds

Skadden, Arps, Slate, Meagher & Flom LLP offices in London, New York and São Paulo and Brazil's BMA - Barbosa, Müssnich, Aragão have helped Brazilian financial institution BTG Pactual issue social green bonds worth US$500 million.

27 January 2021

Mercado Libre joins the list of LatAm sustainable bond issuers

Four Cleary Gottlieb Steen & Hamilton LLP offices and a group of Latin American law firms have helped Argentine e-commerce company Mercado Libre raise US$1.1 billion in an inaugural international debt tap, which included a tranche of sustainability-linked bonds worth US$400 million.

22 January 2021

ESG Award: making inequality a business problem

Consumers and investors are becoming much more conscientious about the kinds of businesses they interact with. In turn, more and more companies are positioning sustainability and social responsibility at their core. But for Ianda Lopes, legal counsel at General Electric Renewables, making a social impact goes further. Her mentoring initiative to help young black lawyers in Brazil is challenging inequality, using business as the stage upon which to make positive change.

13 January 2021

Latin Lawyer Deal of the Year Awards to recognise ESG-led finance

Ahead of inviting nominations for our Deal of the Year Awards 2020, Latin Lawyer is announcing the addition of a new deal category recognised by the awards: sustainable investing.

30 November 2020

Chile issues landmark sovereign social bonds

Three Cleary Gottlieb Steen & Hamilton LLP offices and Morales & Besa in Santiago have helped the Republic of Chile raise US$2.1 billion in its first social bond issuance, the proceeds of which it will use to partly fund the country’s covid-19 efforts.

27 November 2020

Banco Davivienda issues landmark gender-focused social bonds

US firm Hunton Andrews Kurth LLP and Gómez-Pinzón in Bogotá have helped IDB Invest structure and underwrite the first ever gender-focused social bonds – worth US$100 million – in an issuance made by Colombia’s Banco Davivienda.

21 September 2020

IDB Invest supports first private social bonds in Colombia

Gómez-Pinzón in Bogotá and Alfaro, Ferrer & Ramírez in Panama City have helped IDB Invest underwrite the first social bonds issued by a private company in Colombia.

17 July 2020

Guatemala makes landmark social bonds issuance to fight covid-19

Simpson Thacher & Bartlett LLP in New York and Cuestas.PPQ Abogados in Guatemala City have helped the Republic of Guatemala issue sovereign bonds worth US$1.2 billion, including social bonds for US$500 million to fund the government’s response to the covid-19 pandemic.

21 May 2020

Are social bonds the answer to Latin America’s liquidity needs?

Featured in Covid-19: reporting on a crisis

Social bonds allocated to environmental, social and governance (ESG) assets were a relatively new phenomenon in Latin America prior to the covid-19 crisis. But as states, quasi-sovereigns and corporates scramble to shore up their finances in the wake of the pandemic, social bonds could present a much-needed source of liquidity. New York-based Linklaters counsel Alejandro Gordano weighs up the pros and cons of the novel financing instrument.

27 April 2020

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