Home / Daily Briefs / 2022 / 12 / Mega sets date for sustainable bond sale

Mega sets date for sustainable bond sale

Mega sets date for sustainable bond sale

May 12, 2022 | Rodrigo Alonso Cruz
Mexican lender plans to price $148 mln in five-year notes in the local market on May 16

Bonds Funds Mexico ESG Green Bonds Green Finance Renewable Social Bonds Capital Markets Asset Management Project & Infrastructure Finance Energy

Mexican lender Grupo Mega said it expects to price MXN3 billion ($148 million) in five-year bonds in the local market on May 16, according to a securities filing. The new 2027 bonds are part of a MXN10 billion program and will pay a spread based on the 28-day TIIE interbank lending, Mega said in the filing on Tuesday.  Mega plans to use the proceeds to finance loans to small businesses and agribusinesses, including women-owned companies, and also to fund green projects for water, renewable ener

Already have an account?

    Forgot your password?

Free trial

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

Free Trial