FONPLATA’s commitment to sustainable development strengthens with new bond issuance in Switzerland
On Wednesday, April 24, FONPLATA successfully completed a new public bond issue in the Swiss market for an amount of CHF 145 million (approximately USD 159 million). This operation, carried out under the Bank's Sustainable Debt Framework (MDS), ratifies FONPLATA's commitment to sustainability.
The bond has a duration of 3.5 years, maturing on November 2027, and interest rate of 2.5925%, which reflects the investors' confidence in FONPLATA's solid track record and sustainable approach. The funds raised will be used to partially finance strategic projects in Argentina, Bolivia, Paraguay, and Uruguay, with a strong focus on food security, employment generation, energy infrastructure, and basic sanitation.
“This successful issuance in the Swiss market, for the fourth time in our history, shows the continued support of investors to FONPLATA and our strong financial position,” said Luciana Botafogo, FONPLATA’s Executive President. “We are very pleased that this transaction has been categorized as sustainable, reflecting our commitment to integrating environmental, social and governance criteria into all our operations.”
04/24/2024