DLA Piper advises BBVA Uruguay in US$15 million sustainable bond issuance

DLA Piper represented BBVA Uruguay in its US$15 million sustainable bond issuance.

The transaction marks the first sustainable bond issuance in the country. BBVA will use the funds to help small- and medium-sized enterprises, as well as initiatives related to the efficient use of energy, agriculture, green transport and sustainable construction, demonstrating its commitment to sustainability and environmental, social and governance (ESG) initiatives.

“It was a pleasure to bring our market-leading experience advising on complex finance transactions to assist BBVA Uruguay in this bond issuance, which expands our client’s sustainable projects portfolio and further solidifies its sustainability and ESG efforts,” said Margarita Oliva, DLA Piper’s regional head of Banking and Finance for Latin America and the partner who led the transaction.

DLA Piper advises on all aspects of financing, across borders, sectors and financial products. The firm’s lawyers advise issuers, underwriters, selling shareholders, sponsors, arrangers, lead managers, originators, dealers, trustees and depositaries on a broad range of capital markets offerings, including equity, equity-linked and debt securities, structured and project financings and securitizations.

DLA Piper is committed to making businesses better by helping clients and communities transition to and thrive in a more sustainable future. The firm understands the unique challenges and needs of each sector and delivers seamless global solutions to clients around the world. To find out more, please visit DLA Piper’s Sustainability and Environment, Social and Governance portal.