Topic: Sustainable investment

Garrigues and Miranda & Amado in Peru’s first gender bonds

Miranda & Amado has advised financial group Caja Arequipa on its issuance of Peru’s first social bonds seeking to help empower women and bring greater gender equality to business.

06 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

TozziniFreire in first sustainable bonds issuance in Brazil

TozziniFreire Advogados has helped Faro Energy issue the first ever sustainable bonds in Brazil.

14 February 2020

Ecuador first to issue sovereign social bonds

Three Hogan Lovells LLP offices have helped Ecuador become the world’s first country to issue sovereign social bonds, worth US$400 million, which it will use to fund its nationwide social housing project.

05 February 2020

IFC and NADB grant green loans to Mexican solar projects

González Calvillo, SC in Mexico City has helped Mexican energy company IEnova obtain two green loans worth US$200 million from International Finance Corporation (IFC) and North American Development Bank (NADB) to construct four solar plants.

13 December 2019

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