The Republic of Uruguay obtains a Sustainability-Linked Bond
Proceeds will be used for general purposes of the government. The coupon adjustment is based upon Uruguay’s compliance with preset Sustainability Performance Targets tied to two Key Performance Indicators outlined in Uruguay’s Sovereign Sustainability-Linked Bond Framework:
- Greenhouse Gas emissions intensity as a share of GDP
- Maintenance of native forest area
Our Bank is the only one globally mandated as a Sustainability Structuring Bank and Joint Bookrunner for the two Sovereign sustainability-linked bonds.
We are very proud of it, for it represents a continuation of our leadership in the ESG capital markets field.
Click here to read the press release.
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