Symbiotics Investments – Arranged Repack Enables Amundi Asset Management to Invest in BBVA Colombia’s Blue Bond

Symbiotics Investments has arranged a green bond repack, which permitted Amundi Asset Management, a subsidiary of the Credit Agricole group, to take a $50,000,000 exposure to a blue bond issued by BBVA Colombia, the largest foreign investor in the Colombian financial system.

The issuance of the blue bond gives BBVA Colombia a fresh source of funding to grow their investments in water and marine-related projects. The projects that will be financed include sustainable water and wastewater management such as investments in new drinking water treatment; pollution prevention and control, such as the use of recycled plastics for manufacturing in a circular economy approach; and renewable energy, with a specific focus on marine renewables.