In 2019, Chile had the distinction of launching the first green sovereign bond in the Americas. Now it has issued the world’s first sustainability-linked sovereign bond. Société Générale (SocGen) was one of three French banks to act as active bookrunners and joint sustainability structuring advisers.
SocGen is not exactly a stranger to Chile. “We have been here since the mid-1990s,” observes Paul Miquel, the bank’s Santiago-based country head of Chile, Peru and Colombia. “We have always been active in the energy, mining and infrastructure sectors, with some capital markets activity.”
