On August 2, 2019 the International Financial Law Review (IFLR) reported that the first sustainability-linked load has been granted in Latin America.
“The $1.1 billion revolving credit agreement from real estate company Fibra Uno is the first in Latin America to use the sustainability-linked loan principles recently released by the Loan Syndications and Trading Association (LSTA), together with the Loan Market Association and the Asia Pacific Loan Market Association (APLMA). The transaction is also the first sustainable deal by a real estate entity in the region.”
You may read the article on the IFLR internet site.