Fedecrédito Champions First Social Bond in El Salvador Supporting Women and Small and Medium Businesses

https://www.idbinvest.org/en/news-media/fedecredito-champions-first-social-bond-el-salvador-supporting-women-and-small-and-medium?utm_campaign=PANTHEON_STRIPPED&utm_medium=PANTHEON_STRIPPED&utm_source=PANTHEON_STRIPPED&utm_term=PANTHEON_STRIPPED IDB Invest partnered with Fedecrédito, a cooperative of financial intermediaries, to support the issuance of El Salvador’s first social bond. The issuance will total US$80 million, with the initial tranche set at up to US$40 million. IDB Invest will subscribe up to US$20 million, with the remaining portion covered by other co-investors.