Structuring of a unique bond program with security interest. Each bond issue is placed to finance the construction of a separate MSW storage and processing complex in Russia and has an environmental character. Within the framework of the program, 8 bond issues with an aggregate nominal value of RUB 58 billion were placed. The current REO bond issue became the first to be formally verified as “green.” Compliance with the principles of green bonds was confirmed by Expert RA.
The current REO bond issue became the first to be formally verified as “green.” Compliance with the principles of green bonds was confirmed by Expert RA.
The key feature of the REO bond program is that, with LECAP’s involvement, for the first time in Russian practice a mechanism for the repayment of non-structural bonds through the transfer of monetary claims was structured.
The only project financing format in Russian practice through bonds secured by a public-law company.
The comprehensive project financing documentation includes pledges, sureties, call options for the transfer of a stake, etc.
Structuring and support of the first issue of green bonds of PPK REO within the framework of the program, including the preparation of the methodology for expert certification of green loans, consulting on verification procedures and recommendations for compliance with the requirements in the area of green financing.
that participated in the transaction
