Santander arranged billion-dollar oil bond after making green pledge

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https://www.thebureauinvestiga...

Jo Richardson comments on news that Santander helped coordinate a bond that raised $1bn for PetroPerú,to upgrade its Talara refinery and expand its capacity to process oil from the Amazon. Two years previously, it had ruled out providing finance or services for “projects or activities in recognised Ramsar sites”, according to TBIJ.