Economy 1 MIN READ

Philippines pitches at least $500 mln green bond offer to European investors

February 18, 2022By Reuters

Philippine Finance Secretary Carlos Dominguez has sought European investors’ support for the country’s inaugural green bonds offering, worth at least $500 million, to raise funds for clean energy projects, his department said on Friday.

Dominguez in a news release said the sale of these debt securities, known as environmental, social and governance (ESG) sovereign bonds, will be done “in the coming weeks”.

(Reporting by Enrico Dela Cruz; Editing by Martin Petty)


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