IFC Invests in ProCredit Holding Green Bonds To Boost Green Investments

  The FINANCIAL -- IFC, a member of the World Bank Group, will invest $90 million in the green bonds to be issued by Germany’s ProCredit Holding via a private placement. The proceeds of the ProCredit bonds will be used for financing investments by the bank’s small and medium enterprise (SME) clients in renewable energy, energy efficiency, and other areas