Common Contracts
1 similar Debt-for-Nature Swap Agreement contracts
ContractDebt-for-Nature Swap Agreement • September 12th, 2003
Debtor Country Agreement Date Face Value of Debt Purchase Price Conservation Funds Notes Bolivia 5/19/93 5,732,897 0 1,408,200 First debt-for-nature swap negotiated through a commercial debt buy-back. Donation by Morgan Guaranty Trust Co. Payment in STEP bonds and FONAMA match. WWF funding used for: trainng program for natural resources management in southeastern Bolivia's low-land forests, improved management of protected areas outside of forests. Costa Rica 2/1/88 1,500,000 215,692 1,125,000 First debt-for-nature swap in Costa Rica. Part of $5.4 million program coordinated by National Parks Foundation. Payment in colones environmental bonds with 6-year maturity and 25% interest rate. WWF projects focused on Monteverde Conservation League, Corcovado National Park and Guanacaste National Park (land purchase). 3/23/90 550,488 99,000 550,488 Part of $10.8 million swap with SIDA and TNC. Payment in colones environmental bonds with 20- year maturity and 8% interest rate. Fund
