Nafin sells first MXN green bond

Nafin sells first MXN green bond

Mexico Bonds Funds Project & Infrastructure Finance

Mexico’s Nafin raised MXN2bn ($106m) from the sale of its first peso-denominated green bond on Thursday.Banamex-Accival and BBVA Bancomer priced the September 2023 bonds to yield 6.05%, a debt capital markets source said. The bookrunners took almost MXN6bn in orders from local insurance companies, banks, multilateral lenders and Mexican brokers, he added.Nafin will use the proceeds to finance renewable energy projects, such as solar and hydroelectric facilities. The development bank did not r

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial