By Brazil Stock Guide – Banco do Brasil SA (BBAS3 BZ) raised $500 million through a bond sale in international markets on Thursday (16), drawing strong investor demand as the lender expands its portfolio of environmentally focused financing instruments.
The issuancesaw total demand reach $2.5 billion for notes with a maturity of five and a half years. The bond was structured as a “Nature Bond,” with proceeds earmarked for projects aimed at restoring degraded land and supporting productive recovery initiatives.
“With this operation, Banco do Brasil expands its portfolio of financial instruments aligned with climate and socio-environmental commitments, reinforcing the integration between responsible financing, positive impact generation and long-term value creation,” said Geovanne Tobias, the bank’s vice president of financial management and investor relations, in a statement.
“The issuance demonstrates BB’s ability to structure an unprecedented sustainable operation among major banks, focusing on the preservation of natural resources and the productive recovery of degraded areas, while also reflecting market confidence and our leadership in ESG and capital markets,” Tobias added.
Including this transaction and three previous international issuances — a social bond in 2022 and two sustainable bonds in 2023 and 2024 — Banco do Brasil now ranks among commercial banks with the highest share of sustainable debt globally, the company said.
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