First-of-a-kind ocean debt swap proves huge success
Innovative deal structure can now hit the capital markets with benchmark blue bonds
A pioneering $21.6m (€19.3m) sovereign debt restructuring deal to finance marine conservation in the Seychelles has met its impact targets with a third of the Seychelles’ ocean now designated as ’protected’.
The Nature Conservancy, who structured the deal through its NatureVest ar…
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