Holland & Knight Advises IDB Invest on COP$80 Billion Subscription of the First Amazonia Bond Issued in Colombia
BOGOTÁ (December 12, 2025) – Holland & Knight acted as legal counsel to the Inter-American Investment Corporation (IDB Invest) on the subscription of COP$80 billion (approximately US$20.7 million) as part of a local public offering of the first Amazonia Bond to be issued in the Colombian Stock Exchange (Bolsa de Valores de Colombia). The proceeds of this offering are earmarked by Bancamía S.A., a local financial entity, for the promotion of sustainable initiatives that seek the preservation and proper use of natural resources of the Colombian amazon region.
It is also the first bond issued that meets the Amazonia Bond Issuance Guidelines issued by IDB Invest and the World Bank. The bond has a maturity of four years, with bullet payment.
IDB Invest is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social and environmental development in the region.
Holland & Knight's representation of IDB Invest was led by Partners Camilo Gantiva Hidalgo and Enrique Gomez-Pinzón, with support from Associates Juan Felipe Fontecha Mejía, Camila Vivas Valencia and María Camila Gámez Baracaldo from the capital markets practice.
"The Amazon region plays a critical role in global biodiversity conservation and we are proud to assist IDB Invest in this investment that aims to protect this invaluable ecosystem. Through this subscription of bonds, IDB Invest reaffirms its commitment to sustainable development for the communities that call this region home, while ensuring the long-term preservation of its natural resources," said Mr. Gantiva Hidalgo. "As a pioneering initiative, we hope this offering sets a benchmark for environmental stewardship and corporate responsibility, encouraging others to follow suit."
More information on the transaction can be found here.