The Republic of Ecuador’s $1 billion debt conversion, completed in December 2024, represents a landmark in sustainable finance. Structured by Bank of America as sole structuring agent, the transaction combined financial innovation with environmental impact at an unprecedented scale.
The deal was the largest debt conversion of its kind ever completed in international capital markets and the first to focus on the conservation of terrestrial and freshwater ecosystems in the Ecuadorian Amazon.
Thanks for your interest in Euromoney!
To unlock this article:
