Industry News: ESG

The Inter-American Development Bank Launches Inaugural Sustainable Development Bond

Written by ESG | 7-Oct-2019 2:32:44 PM

2019-09-30

IADB: The Inter-American Development Bank ("IDB") priced a new CAD600 million 5-year fixed rate l Sustainable Development Bond (“SDB”). This transaction represents the IDB’s inaugural SDB issuance, the proceeds of which will be directed to support sustainable development in IDB’s member countries aligned with the Bank’s strategic priorities to reduce poverty and inequalities in Latin America and the Caribbean by promoting economic and social development in a sustainable, climate friendly way.

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