✉news BusinessFinance first seen 15 h ago, last 12 h ago, peak #3
Garanti BBVA Completes $125 Million Sustainable Subordinated Bond
Original: Garanti BBVA Completes USD 125 Million Sustainable Subordinated Bond Issuance
Turkish lender Garanti BBVA has completed a USD 125 million sustainable subordinated bond issuance, adding to the growing pipeline of sustainability-linked debt from emerging market banks. The deal gives investors a chance to support environmental and social objectives while holding a subordinated instrument from one of Turkey's largest private banks, part of the Spanish BBVA group.
Why now: Sustainable bond issuance by major emerging market banks is drawing investor and market attention as green finance expands.
Evidence
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