GREEN BOND OF THE YEAR – CORPORATE (APAC): IDI - SAO MAI

I.D.I - Sao Mai was named as the winner of this year's Green bond of the year – corporate (APAC) for Asia's first aquaculture green bond and Vietnam's first local currency-denominated green bond by a non-financial corporate issuer.

A 100% guarantee from GurantCo enabled a record-low coupon for catfish exporter I.D.I, attracting large institutional investors and opened up local debt markets for the borrower.

Proceeds from the bond were used to support business expansion under its green bond framework – including the development of fish seeding and processing facilities, enhancing of production capacity and value chain integration.

Source: https://www.environmental-finance.com/content/awards/environmental-finances-sustainable-debt-awards-2025/winners/green-bond-of-the-year-corporate-(apac)-idi-sao-mai.html