Congratulations to Chile.....
The Chilean Ministry of Finance issues first Euroclearable Social Bonds, reaching record foreign participation
• After becoming the first sovereign in the Americas to issue Green Bonds in 2019, Chile strengthens its position at the forefront in sustainable finance with the issuance of social bonds.
• The issuance of peso denominated bonds maturing in 2028 and 2033 reached a total of US$2.1 billion.
• The participation of foreign investors reached approximately 48% of the total allocation, greater than the previous record of 24% in 2019.
Ministry of Finance issues first Euroclearable Social Bonds, reaching record foreign participation
The Ministry of Finance of Chile issued its first Euroclearable social bonds for a total of US$2.1 billion (CLP$1.600.000 million) on Thursday November 19th, 2020, through a book building process, with simultaneous offering in local and external...