Banco Votorantim is one of the largest private banks in Brazil. Their first green bond will finance their future lending to companies in Brazil, which are developing solar and wind energy generation.
This is the first bank in Latin America / South America to issue a Certified Climate Bond.
DATE OF ISSUE |
TENOR | TYPE OF INSTRUMENT |
SIZE |
COUNTRY OF ISSUE |
CLIMATE BONDS SECTOR CRITERIA |
VERIFIER'S REPORT |
ANNUAL REPORT | FURTHER INFORMATION |
March 2020 | 4 years | Use of proceeds bond | BRL 250 million (USD 49 million) | Brazil |
Solar |
pre issuance verification |
|