News

Symbiotics Launches $5M Green Bond in Ecuador With FACES

Symbiotics, the leading market access platform for impact investing, has arranged a $5 million Green Bond for Faces – Fundación de Apoyo Comunitario y Social del Ecuador “FACES”.

With the issuance of this Green Bond, FACES will finance entrepreneurs engaged in sustainable agriculture, animal husbandry and fishery, as well as aquaculture related activities, contributing to the environmentally sustainable management of living natural resources and land use in Ecuador. Furthermore, FACES showcases its ability to align with the internationally accepted International Capital Market Association (ICMA) Green Bond Principles (GBP), increasing the attraction of international financiers.