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SPEAKING OUT Investopedia defines a green bond as a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects. Investopedia explains that green bonds are sometimes referred to as climate bonds, but the two terms are not always synonymous.
ACEN Corp. has raised P10 billion from the issuance of its maiden peso ASEAN fixed-rate green bonds.
ACEN Corp. has obtained the highest credit rating from local debt watcher Philippine Rating Services Corp. (PhilRatings) for its proposed debut peso green bond issue of up to P10 billion.