Builders Vision provided a US$70 million collateralized partial credit guarantee to the Bahamas’ 2024 conservation-linked conversion [MS].
Right of reply
This page describes Builders Vision only through its published statements and the public records of the deals listed. Builders Vision has not yet been invited to comment. Responses and corrections will be recorded here with their date. On register pages, [MS] marks a claim that rests only on the institution’s own statement or on statements by parties to the same deal.
In the register
The register follows instruments whose terms depend on a verified ecological outcome, the broad family of the performance-based bond. The register index explains its tiers, roles and claim tags.
| Deal | Year | Family | Role | Amount | Claim |
|---|---|---|---|---|---|
| The Bahamas conservation-linked conversion | 2024 | Debt-for-nature conversion | Collateralized partial credit guarantor | US$70m | [MS] |
It is the only private guarantor in the register’s debt conversions. Its guarantee sat beside a US$200 million IDB guarantee and US$30 million of AXA XL credit insurance behind a Standard Chartered loan [MS].
Related
- Nature Performance Bond Investor Register
- Standard Chartered
- Inter-American Development Bank
- AXA
- The Nature Conservancy
References
- Clifford Chance, advising Standard Chartered on the Bahamas (November 2024)
- The Nature Conservancy, The Bahamas nature bond case study
Provenance
Drafted on 15 October 2026 from the research brief Nature performance bond investors.md, compiled the same day from five research strands: outcome-linked and sustainability-linked bonds, environmental impact bonds, debt-for-nature conversions, insurers and reinsurers, and the largest asset managers with their regulatory context. Claim tags follow the brief, which never upgraded a claim without a source and lowered to [MS] any claim a research note had graded [IC] on the strength of a company’s own release. The headquarters country in based_in comes from general knowledge unless a deal record states it, and is to be confirmed. The brief’s search had limits: fund holdings filings, municipal bond disclosures and the Oxford INDIGO and Brookings impact bond databases were not searched, so a deal missing from this page may exist.