L&G is sole investor in Valency’s $60m green bond for Côte d’Ivoire cashew-waste park
A $60m Green Guarantee Company guarantee backs the bond, the first certified under Climate Bonds' new Bioenergy Criteria.
Legal & General (L&G) is the sole investor in a $60m green bond issued by Valency International Pte Ltd, Climate Bonds Initiative announced on 15 October. Valency is an agricultural commodities business whose activities span edible nuts, staple and oil seeds, agricultural services and soft commodities. According to the announcement, the proceeds will finance a Cashew Waste Value Park in…
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