June 17, 2025
Pronto Copec moves closer to its Zero Waste goal with new partnership
On National Reuse Day, the subsidiary signed a partnership with Coca-Cola Chile to pilot the use of returnable glass bot...
The subsidiary issued US$ 500 million in bonds with a seven-year maturity and an annual rate of 6.18%. The transaction took place on April 30 and was led by JP Morgan, Scotiabank, Santander and Itaú BBA.
This is a sustainable bond, a category that allows investments in projects with environmental and social benefits. The proceeds will be used for general corporate purposes, which might include partial financing of the Sucuriú project, currently under construction in Brazil.
In addition, ARAUCO plans to use part of the proceeds to finance or refinance green and social initiatives, in line with its Sustainable Financing Framework.