Scotiabank is pleased to support Compañía Chilena de Fósforos in the structuring of its first green loan that will be used to expand the production of the company’s FSC certified wooden utensil business. Compañía Chilena de Fósforos develops products for everyday use with high-quality wood obtained from certified sustainable plantations under the highest international standards, with a focus on promoting responsible forest management. WoodAble (U.S. and Canada), Ekho (Europe) and Andes (Chile), the company’s wooden utensil brands, have received both the Rainforest Alliance Certification and the Food Safety System Certification and offer customers wooden utensils made of Chilean poplar and pine that are backyard compostable, biodegradable, and 100% sustainable.
5 Year Senior Green Loan
Sole Arranger & Hedge Provider
April 2022