GAM, controlled by the Riberas family, introduces a new sustainability-linked promissory note program with a cap of 75 million euros, designed to reinforce its financial structure and lead innovation in sustainable finance.
GAM has recently announced the launch of its innovative 75 million euro sustainability-linked promissory note program. This initiative is a strategic move to bolster its economic framework and align with the global shift towards sustainable finance.
The program is designed with flexible terms, offering promissory notes at a unit value of 100,000 euros and maturities ranging from 3 to 730 days. This structure allows GAM to adapt efficiently to market demands while ensuring robust liquidity.
With a focus on sustainability, the program integrates the Sustainability Linked Bond Principles approved by the International Capital Market Association (ICMA) in June 2023. This alignment underscores GAM's commitment to responsible and forward-thinking financial practices.
Following its previous successful fixed income bond program launched in June 2024, which had a cap of 100 million euros, GAM continues to refine its financing strategies to enhance economic stability and competitive strength.
Banca March has been designated as the registered advisor and payment agent, working in collaboration with Renta 4 Banco and Banco Finantia. Their joint expertise adds significant credibility and operational efficiency to the program.
This promissory note program is a critical component in GAM’s broader strategy to reinforce its overall financial structure while championing sustainability. By merging traditional financing tools with modern sustainability criteria, GAM is setting trends in the evolving financial landscape.
As market dynamics continue to evolve—especially in disciplines intersecting with Fintech, Greentech, and Cleantech—GAM’s latest move represents a forward-thinking blend of industry best practices and innovative funding mechanisms, positioning the company as a model for sustainable investment.
Sustainability Financing Trends 2024
Sustainability financing is rapidly emerging as a cornerstone in the global market, driven by growing environmental and social governance imperatives. Advanced financial instruments, such as GAM’s new promissory note program, are reshaping traditional funding models.
This trend reflects a critical move towards integrating eco-friendly investments with streamlined financial products, offering investors a balanced approach to risk and long-term value creation.
The Role of Promissory Notes in Modern Fintech
In today’s dynamic financial environment, promissory notes are being reimagined as key instruments in the modern fintech ecosystem. Their adaptation not only speeds up capital mobilization but also bridges conventional finance with cutting-edge technology.
This transformation highlights their evolving role in supporting regulatory compliance and innovative financing, making them increasingly attractive to a new generation of sustainability-focused investors.
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