Banorte, BlackRock applaud Mexico's ESG bond plans

Banorte, BlackRock applaud Mexico's ESG bond plans

Corporate & Sovereign Strategy Credit Ratings Fitch Ratings Economy & Policy Bonds Debt Funds Mexico ESG Green Bonds Green Finance Sustainability Bonds Sustainable Development Bonds Sustainability-Linked Capital Markets Asset Management Project & Infrastructure Finance

Mexican bank Banorte and US investment firm BlackRock have voiced support for the Mexican government's plans to issue environmental, social and governance (ESG) bonds to replace much of its debt this year. "It would be extremely welcome for the government to start proposing debt with ESG objectives," Alejandro Ceballos, head of asset management at Banorte, said during an event hosted by Fitch Ratings on Thursday. "I think we would all see it in a good light," he added. Deputy Finance Minister Ga

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