Financial Close Reached in Largest Debt Conversion for Marine Conservation to Protect the Galápagos
Published on: Monday 08 May 2023
In partnership with the Government of Ecuador, the U.S. International Development Finance Corporation (DFC), Inter-American Development Bank (IDB), Credit Suisse, Oceans Finance Company (OFC), and the Pew Bertarelli Ocean Legacy announced the financial close of a $656 million Galápagos marine conservation-linked bond (Galápagos Marine Bond), arranged and structured by Credit Suisse. The Galápagos Marine Bond was used to finance a debt conversion for Ecuador exchanging $1.628 billion of Ecu...
News source: https://www.webwire.com/ViewPressRel.asp?aId=304749
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Financial Close Reached in Largest Debt Conversion for Marine Conservation to Protect the Galápagos
