EDC issue wins best green bond in currency

Energy Development Corp’s 5 billion peso double-tranche ASEAN green bond. was chosen as the Best Local Currency Green Bond by The Asset in its prestigious Triple A Country Awards 2021 for the category of Best Southeast Asia Deals for Sustainable Finance.

“We are grateful for The Asset’s recognition of our efforts to encourage investors to take a strong stance on the environment through our ASEAN Green Bond program. Strong public support for the expansion of our 100% renewable energy portfolio and commitment from financial institutions to focus solely on low-carbon energy financing are essential to accelerating this necessary transition to a decarbonized world. We all need to work together to achieve this while we still can,” said EDC Chief Financial Officer Erwin Avante.

The Asset, through the Triple A Country Awards, has recognized the most commendable initiatives in banking, finance, treasury and capital markets for more than two decades, with a focus on activities in national markets.

The Asset is a multimedia financial group with the widest reach among Asian issuers and global institutional investors.

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