Bancomext issues sustainable bonds

Bancomext issues sustainable bonds

Bonds Mexico ESG Green Bonds Social Bonds Sustainability Bonds Sustainable Development Bonds Sustainability-Linked Capital Markets Project & Infrastructure Finance

Mexican export-import bank Bancomext raised MXN10 billion ($501 million) in a three-part sale of sustainable bonds in the local market on Tuesday. Bancomext issued MXN4 billion in 10-year bonds at a fixed rate and sold MXN3 billion in five-year notes and another MXN3 billion in three-year notes at floating rates, it said in a statement. It added that it will use the proceeds to fund sustainable projects for exports. Fitch Ratings assigned the bonds a AAA(mex) rating on the local scale, while Moo

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