Carey advises IDB Invest on a bond issuance
Practice areas: Cambio Climático
IDB INVEST AND RESPONSABILITY INVESTMENTS as purchasers of the bonds issued under Section 4(a)(2) of the Securities Act of 1933 by Arrendamiento de Máquinas Royal Rental and Royal Rental Colombia, guaranteed by Multitécnica and Royal America Internacional. The transaction played a critical role in reducing the environmental footprint of logistics operations in the region, especially in the food supply chain, by replacing conventional fossil fuel-powered machinery with electric machinery.