BLP has advised BID Invest, Proparco, and LAGreen (through Finance in Motion) on the issuance of the first sustainable and dematerialized bond by Banco de América Central, S.A. (BAC Guatemala) to promote financial inclusion and environmental sustainability in Guatemala.
The bond, valued at up to US$140 million with a term of up to five years, will provide long-term financing to expand BAC Guatemala’s social and green portfolios, creating opportunities for micro, small, and medium-sized enterprises (MSMEs), women-led businesses, and green projects.
BID Invest led the issuance with a subscription of up to US$70 million, joined by LAGreen (through Finance in Motion) with US$20 million and Proparco with US$50 million. The funds will drive green investments in Guatemala while enhancing financial inclusion for marginalized communities. The bond will adhere to the Social, Green, and Sustainability Bond Principles established by the International Capital Market Association (ICMA).
The transaction was led by Jorge Arenales (Guatemala) and Pablo Umaña (Costa Rica), along with Anneliss Wohlers (Guatemala).
