Celulosa Arauco y Constitución, the Chilean pulp and wood panel producer, is looking to issue what it describes as a “sustainability” bond, as Chile’s focus on environmental topics spreads to the corporate world.
On the back of Chile becoming the first Latin American sovereign to issue a green bond earlier this year, and AES Gener’s recent green hybrid transaction, Arauco will meet investors next week for a deal that rating agencies say will be used to fund eligible green or social
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