Fibra Uno borrows to pay off debt

Fibra Uno borrows to pay off debt

Loans Funds Debt Mexico ESG Green Finance Sustainability-Linked

Mexican real estate investment trust (REIT) Fibra Uno said it took out a sustainability-linked loan for $720 million to pay off debt, adding that it could increase the amount to $750 million, according to a securities filing. BBVA led seven other banks in a seven-year loan that charges 225 basis points over the secured overnight financing rate (SOFR), Fibra Uno said in the filing on Friday. Fibra Uno also said it tied the interest rate on the loan to getting Excellence in Design for Greater Effi

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