Ivory Coast’s successful Eurobond issuance raises hopes for easing Africa’s funding squeeze

For almost two years, the Sub-Saharan African economies have not received financing from international bond markets. Last week, there was a positive turn, as Ivory Coast successfully issued two Eurobonds. This raises hopes that the financing and debt crisis in Sub-Saharan Africa will begin to ease. The Covid-19 pandemic, the political uncertainty caused by the […]

February 1, 2024

Let’s talk biodiversity – Finnfund’s nature and biodiversity statement in preparation

“Biodiversity is life in all its forms and the protection of life,” said Sami El Geneidy, Doctoral Researcher and Biodiversity Footprint Team Lead at the University of Jyväskylä. On 25th of January, Finnfund organised a workshop to discuss biodiversity and the role of investors in mitigating the negative impacts and enhancing positive impacts of businesses […]

January 26, 2024

Finnfund is one of the investors enabling the growth of TBC’s green loan portfolio in Georgia

TBC Bank Group PLC (“TBC PLC”) announces that its subsidiary, JSC TBC Bank (“TBC Bank”), has signed a syndicated subordinated loan agreement in the amount of EUR 80 million with the Dutch entrepreneurial development bank FMO and its syndicate members. The loan facility bears a maturity of ten years and qualifies as Tier 2 capital […]

Finnfund issues a EUR 100 million green bond

Finnfund, a Finnish development financier and impact investor, issues a EUR 100 million green bond. The 10-year bond bears interest at the rate of 3.5% per annum. The bond offering was placed to international investors, including a portion of dedicated green bond investors/portfolios. The bond represents Finnfund’s first ever green transaction and second issuance under […]

January 24, 2024

Hanna Loikkanen appointed Finnfund’s Chief Investment Officer

Hanna Loikkanen, M.Sc., who has a long experience working as a board professional and in international investment management positions, has been appointed as the Chief Investment Officer of the state-owned development financier and impact investor Finnfund. Loikkanen will start as Finnfund’s CIO in January 2024. “Hanna has extensive experience in successfully financing private companies in […]

January 16, 2024