www.bloomberg.com
A private-credit firm, established by ex-Credit Suisse bankers, is funding a new carbon program in the Bahamas through a lending facility. This agreement signifies the firm’s entry into environmental finance, offering capital to initiatives focused on carbon sequestration or reduction. The specific details of the program and the amount of the loan remain undisclosed, but the deal highlights the growing interest in private credit as a source of funding for environmental projects and the increasing role of boutique firms in this emerging market.
