Banco BTG Pactual issues $500M for green projects

Brazilian investment bank Banco BTG Pactual SA issued $500 million in five-year senior notes, the company said in a securities filing.

The operation was carried out through its Caribbean subsidiary Banco BTG Pactual SA - Cayman Branch, with the proceeds earmarked for the financing of environmental projects.

The bonds carry an annual interest rate of 2.75% and matures Jan. 11, 2026.