BNI seeks Rp 5 trillion from green bond sale

PT Bank Negara Indonesia Tbk (BNI) seeks to raise Rp 5 trillion (US$342.95 million) from the sale of green bonds to finance green projects. The bonds would come with tenures of three years, five years and seven years. BNI did not mention the coupon rates. BNI said it would use the funds to finance green projects (KUBL) related to renewable energy, waste management, green buildings, sustainable land use and water conservation, among others. The lender will use its Green Bond Framework to assess project eligibility.

May 13 2022, The Jakarta Post - Read 22 times

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