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IFC invests in RBRO green bonds to promote climate finance in Romania

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The International Finance Corporation (IFC), the private sector arm of the , is investing RON 293.5 million (the equivalent of approximately $72 million) in RON-denominated senior non-preferred bonds placed by SA (RBRO), IFC said in a statement on Monday, agerpres reports. "This is IFC's second investment in RBRO green bonds this year, following its first investment - RON 80.3 million (or approximately $20 million equivalent) on May 14 - in RBRO's first senior preferred bonds, which was also the first green bond issued by a financial institution in Romania. The…

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