IFC and ADB invest in inaugural $410m climate bond

Two of the world’s largest development lenders kick-start 2019 with a combined $95 million investment in AC Energy’s inaugural $410 million certified climate bond, listed on the Singapore exchange.

Andrew Wright

February 08, 2019

AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines, has attracted multilateral lenders International Finance Corporation (IFC) and the Asian Development Bank (ADB) to anchor its inaugural two-tranche $410 million climate bond.

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