As part of the deal, Chile has pledged to convince publicly traded companies to appoint women to at least 40% of their board seats by the end of 2031. It has also committed to getting its annual greenhouse gas emissions below certain targets by the end of 2030.
July 10, 2023 at 01:30 PM
2 minute read
Latin America Correspondent
Linklaters has advised the Republic of Chile on a multicurrency-bond issuance that comes with incentives to achieve gender parity and reduce greenhouse gas emissions in the South American country, while Cleary Gottlieb Steen & Hamilton represented the underwriters and deal managers.
The copper producer issued $1.15 billion in 4.950% notes due in 2036, $1.10 billion 5.330% due in 2054 and €750 million due in 2034 with those commitments.
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Flag of Chile. (Credit: alexandermils / Adobestock)
