“Bunge’s Sustainability-Linked Loan Pegged to Transparency in Soy and Palm Activity” – Chain Reaction Research – January 17, 2020
On January 17, 2020 Chain Reaction Research reported that “(a)griculture giant Bunge recently announced that it closed its first sustainability-linked revolving credit facility, worth USD 1.75 billion. The new facility agreement links Bunge’s interest rate to its performance on five sustainability targets. These involve cutting greenhouse gas emissions with improved industrial efficiency; increased traceability on […]
“Ecuador issues world’s first Sovereign Social Bond, with the support of an IDB guarantee” – IDB – January 16, 2020
On January 16, 2020 the Inter-American Development Bank (IDB) reported that “Ecuador has issued a Sovereign Social Bond in the international market for $400 million, becoming the first country in the world to make this type of placement. The issuance will serve to boost the government program Casa para Todos, providing access to decent and […]