Pemex targets green bond

Pemex targets green bond

Bonds

Mexico’s Pemex is planning a $700m-equivalent green bond to diversify its investor base, a deal that could see the light in the next two months, the company’s treasurer told LatinFinance. The transaction, which is in the early stages of being structured, would finance environmentally sustainable and socially responsible projects and could be sold predominantly in Europe. Pemex has already sold large bonds this year in dollars, euros and Mexican pesos. “With this green bond we would be accessing

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