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Chile launches $ 1.5 billion 32-year green bond in Taiwan: IFR

Mar 30 (Reuters) – Chile on Tuesday launched a sustainable $ 1.5 billion 32-year unsecured bond in Taiwan, with a guidance between 3.5% and 3.55%, according to a report by IFR, a service of Refinitiv’s financial information.

The resources obtained by the bond will be used to invest in expenses that qualify as ecological or social, according to the country’s framework for sustainable debt.

The bond placement, managed by Credit Agricole Taipei and Goldman Sachs Taipei, is expected later Tuesday.

The bonds, registered with the United States Securities Commission (SEC), will be listed on the London Stock Exchange and the Taipei Stock Exchange.

(Reporting by Jihye Hwang; Written by Javier López de Lérida)

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