IDB Invest lining up Covid-19 MTNs

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By Frank Jackman
30 Jul 2020

Issuers have been flocking to the public market with coronavirus response bonds, but only a few have sold MTNs with the same theme. That is changing, however, with issuers inundated with requests for pandemic themed private placements. IDB Invest, the private sector investment arm of the Inter-American Development Bank, is likely to be next to cater to the market.

Eusebio Garre, IDB Invest’s head of funding, told GlobalCapital that after its two Covid-19 response benchmarks, IDB Invest is being approached by environmental, social and governance investors with requests for private placements with Covid-19 themes. He said that they were working on the transactions, which could come in ...

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