Bond Market’s $80 Billion Green Revolution Gets Brazil Convert
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Brazil’s biggest food company has its eyes set on going green.
BRF SA, which makes more than 5,000 processed-food products from frozen pizzas to lasagnas, is looking to sell so-called green bonds in Europe after it meets with investors this week. It would be the first Latin American business to finance an environmentally friendly project via the bond market in the eight years after the World Bank and Swedish lender SEB AB came up with the idea of branding this type of debt.