Leveraging positive wave, Marfrig must issue US $500 mi in greenbonds

In the positive wave that has settled in the Brazilian foreign debt market, Marfrig prepares to capture US $500 million in debt securities with a stamp of commitment to the environment, the so-called "greenbonds". The operation is expected for next week and, if confirmed, will be the fourth capture made in this market by Brazilian company since the Brazilian risk indicator reached its lowest recent level in early July. Since then, JBS, Cosan and Usiminas have issued US $3.5 billion in bonuses and other companies, such as BRF and JSL, are studying to enjoy the good time. With the risk of Brazil at levels similar to those practiced when the country still had the degree of investment – Seal of good Pays-, the companies have captured with the lowest historical costs. Wanted, Marfrig did not comment. Greener. The Brazilian emission of Greenbond in the most recent overseas was from Klabin in March of US $500 million. The first company in the country to issue this type of paper with Green Seal abroad was the BRF, in 2015, in the amount of 500 million euros. Afterwards, Suzano, Fibria, Klabin and even the National Bank for Economic and Social Development (BNDES) used the sustainability label to capture resources out there. Responsibility. Although the fact of being sustainable still does not bring any financial advantage, such as cost reduction to the issuer, the public of investors interested in environmental and socially responsible companies is growing.