05 Jan WASTE BIOFUEL LAUNCHES THE FIRST TOKENIZED GREEN BOND (WBT) IN SPAIN, UNDER CNMV REGULATIONS
WASTE BIOFUEL The company launches the first tokenized Senior Green Bond issue STO (Security Token Offering) in Spain, complying with all the protocol imposed by the CNMV (Spanish National Securities Market Commission) 150 million to finance the expansion of renewable biomatene biorefineries and their synergies, such as the cultivation of algae where we fix the Co2 from the separation of biogas (methane-C02), as well as incorporate the resulting nutrients (N-P-K) from the digestate from anaerobic digestion. The algae also return by-products with a high production of biogas, such as glycerine from refining third generation biodiesel and the resulting algal biomass.
The issue begins on January 1, 2020 and ends on July 31, 2020. The minimum ticket for unqualified investors is 50,000 euros, and for only 150 investors per country, except in the United States, according to the regulations set forth by CNMV for the issue of ICOs and STOs.
The senior bond is issued for 5 years, with a fixed return of a coupon at 5.20% in its fixed tranche and a 50% from the revaluation of the BRENT index in the variable tranche. You can purchase it from our website in the section "Green Bonds".