{"id":1887,"date":"2024-05-31T09:18:47","date_gmt":"2024-05-31T08:18:47","guid":{"rendered":"https:\/\/lagreen.lu\/?p=1887"},"modified":"2024-06-28T08:40:16","modified_gmt":"2024-06-28T07:40:16","slug":"lagreen-invests-in-banco-promerica-guatemalas-sustainable-bond","status":"publish","type":"post","link":"https:\/\/lagreen.lu\/es\/lagreen-invests-in-banco-promerica-guatemalas-sustainable-bond\/","title":{"rendered":"LAGreen invests in Banco Promerica Guatemala\u2019s Sustainable Bond"},"content":{"rendered":"<ul class=\"wp-block-list\">\n<li>The USD 20 million investment will be dedicated to investing in green initiatives within small and medium-sized enterprises.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Guatemala and Luxembourg, May 30, 2024<\/strong> \u2013 LAGreen Fund, a leading green bond fund dedicated to Latin America and the Caribbean, proudly announces its investment in the first thematic bond issued in the Guatemalan market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">LAGreen&#8217;s subscription of USD 20 million to the Senior Sustainable Bond represents a pivotal moment for the local market as well as for Banco Promerica, as it ventures into the realm of thematic bond issuance. LAGreen&#8217;s involvement highlights the fund&#8217;s commitment to fostering green initiatives and catalyzing market development in Guatemala. Projects financed through the bond are expected to contribute to multiple Sustainable Development Goals (SDGs), including the promotion of affordable and clean energy and climate action. In parallel, the proceeds will support on advancing the objectives of Guatemala\u2019s newly introduced Energy Transition law.<br>The investment was part of a USD 50m series issued by the bank, which also counted with IDB Invest as investor. The bond is structured according to the Sustainability Bond Guidelines issued by the International Capital Market Association (ICMA) and counts with a second party opinion from Pacific Corporate Sustainability (PCS). LAGreen\u2019s investment was structured jointly with Symbiotics Investments, through a bond issued by Micro Small and Medium Enterprises Bonds S.A. and listed on the Luxembourg Green Exchange \u201cLGX\u201d.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This strategic collaboration between LAGreen Fund and Banco Promerica aligns with the fund&#8217;s mission to support the use of thematic bonds as a solution for better connecting capital market funding with sustainable projects across the continent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWith this investment, LAGreen makes an important contribution to the development of the regional green bond market and continues pushing boundaries by enabling the first issuance of a thematic bond in the Guatemalan market.\u201d said Johannes Scholl, Chairman of LAGreen.<br>\u201cWe are delighted for this collaboration with LAGreen. It allows us to continue promoting our mission of supporting inclusive growth and environmental sustainability in Guatemala. This investment not only reinforces our commitment to sustainable finance but also places us as leaders in the sustainable bond market\u201d, commented Edgar Bran, CEO of Banco Promerica Guatemala.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition to the subscription, LAGreen is committed to providing technical assistance to Banco Promerica in enhancing its sustainability reporting and impact measurement capabilities. By bolstering the bank&#8217;s internal capacity and knowledge of thematic bonds, LAGreen aims to facilitate the delivery of high-quality reports that meet the evolving needs of bond investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Sobre LAGreen<\/strong><br>LAGreen es el primer fondo de bonos verdes dedicado a Am\u00e9rica Latina. A trav\u00e9s de la inversi\u00f3n en bonos verdes y el apoyo a nuevos emisores mediante asistencia t\u00e9cnica, LAGreen tiene como objetivo potenciar los beneficios ambientales y sociales en la regi\u00f3n y promover la transici\u00f3n hacia una econom\u00eda verde.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Como fondo de inversi\u00f3n de impacto asesorado por Finance in Motion y Santander Asset Management, LAGreen se estableci\u00f3 como una iniciativa del Banco de Desarrollo KfW de Alemania, con capital inicial proporcionado por la Uni\u00f3n Europea (UE) y el Ministerio Federal de Cooperaci\u00f3n Econ\u00f3mica y Desarrollo (BMZ) de Alemania.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Para m\u00e1s informaci\u00f3n, visite <a href=\"https:\/\/lagreen.lu\/es\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/lagreen.lu\/es\/<\/a> y s\u00edganos en <a href=\"https:\/\/www.linkedin.com\/company\/lagreen-fund\">LinkedIn<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Sobre Finance in Motion<\/strong><br>Finance in Motion es un gestor global de activos de impacto enfocado exclusivamente en el desarrollo sostenible en mercados emergentes y econom\u00edas en desarrollo. La compa\u00f1ia estructura, gestiona y asesora fondos de inversi\u00f3n de impacto que re\u00fanen a inversionistas p\u00fablicos y privados para abordar el cambio clim\u00e1tico, fortalecer la conservaci\u00f3n de la biodiversidad, fomentar el uso sostenible de los recursos naturales, mejorar los medios de vida y promover oportunidades econ\u00f3micas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Para m\u00e1s informaci\u00f3n, visite: <a href=\"http:\/\/www.finance-in-motion.com\">www.finance-in-motion.com<\/a><br>Tambi\u00e9n puede seguirnos en <a href=\"https:\/\/twitter.com\/financeinmotion\">@financeinmotion<\/a> and <a href=\"https:\/\/www.linkedin.com\/company\/finance-in-motion\/\">LinkedIn<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About Banco Promerica Guatemala<\/strong><br>At Grupo Promerica we believe that all individuals and businesses in our communities should exceed their limits to achieve the success they deserve. For more than 30 years, we have been supporting a banking system that develops relationships and offers products and services in nine countries: Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, the Dominican Republic, Ecuador, and Grand Cayman. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About BIDInvest<\/strong><br>IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects so that they achieve financial results and maximize economic, social and environmental development in the region. With a portfolio of $16.3 billion in assets under management and 394 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that respond to the needs of its clients in a variety of sectors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About Symbiotics Investments<\/strong><br>Symbiotics is the leading market access platform for impact investing, dedicated to private markets in emerging and frontier economies. The group offers investment, asset management and capacity building services. Since 2005, Symbiotics Investments has originated over 7,800 investments representing more than USD 9.9 billion for 591 companies in 96 countries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Contacto de prensa LAGreen<\/strong><br>Anne Johnson<br>Marketing &amp; Communications<br>Tel\u00e9fono:  +49 69 271 035 742<br>Correo electr\u00f3nico: <a href=\"mailto:info@lagreen.lu\" target=\"_blank\" rel=\"noreferrer noopener\">info@lagreen.lu<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Media contact Banco Promerica Guatemala<\/strong><br>Ana Beatriz Flores<br>Marketing &amp; Communications<br>Phone: +502 2313-0700<br>Correo <a href=\"\/es\/bflores@estrategica.com.gt\/\">bflores@estrategica.com.gt <\/a><\/p>","protected":false},"excerpt":{"rendered":"LAGreen Fund proudly announces its investment in the first thematic bond issued in the Guatemalan market.","protected":false},"author":13,"featured_media":1889,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[6],"tags":[],"years":[32],"country":[31],"topic":[],"publisher":[],"class_list":["post-1887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","years-32","country-guatemala"],"acf":[],"_links":{"self":[{"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/posts\/1887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/comments?post=1887"}],"version-history":[{"count":10,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/posts\/1887\/revisions"}],"predecessor-version":[{"id":2327,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/posts\/1887\/revisions\/2327"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/media\/1889"}],"wp:attachment":[{"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/media?parent=1887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/categories?post=1887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/tags?post=1887"},{"taxonomy":"years","embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/years?post=1887"},{"taxonomy":"country","embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/country?post=1887"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/topic?post=1887"},{"taxonomy":"publisher","embeddable":true,"href":"https:\/\/lagreen.lu\/es\/wp-json\/wp\/v2\/publisher?post=1887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}