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ex-credit suisse bankers lead growth in debt for nature swaps
Boutique funds led by former Credit Suisse bankers are making significant strides in the niche market of debt-for-nature swaps, recently advising on major deals for El Salvador and Ecuador. With the market projected to expand from $4 billion to $100 billion, these firms are positioning themselves against major banks like JPMorgan and Bank of America, which are also entering this complex, bespoke financial arena aimed at refinancing debt while funding environmental projects.
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