By William Gullotti
Buffalo, N.Y., June 27 – Credicorp Ltd. announced that Banco de Credito del Peru (BCP) issued its first international green bond under its new sustainability financing framework, according to a press release on Monday.
The entire issuance was acquired by France’s Amundi through its Amundi Planet – Emerging Green One Fund.
“We are proud to be the first Peruvian bank to capture international funds to finance green projects. We are convinced that the financing system can propitiate the transition to business models and activities that are more eco-friendly. This issuance constitutes, without a doubt, a milestone in this direction,” said Diego Cavero, chief executive officer of BCP.
Proceeds from the issue will initially be used to finance projects to develop eco-friendly production plants.
The banking group is based in Lima.
| Issuer: | Banco de Credito del Peru
|
| Amount: | $30 million
|
| Issue: | Green bond
|
| Announcement date: | June 27
|
| Distribution: | Private placement
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
