May 18, 2022 |
Mexican lender Grupo Mega issued MXN3 billion ($150 million) in five-year sustainable bonds in the local market on Tuesday, pricing the 2027 notes at the TIIE interbank lending rate plus 3.65%, it said in a securities filing.
HSBC and JPMorgan coordinated the deal as part of a MXN10 billion program, according to Mega.
The company 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
Mexican lender raises $150 mln to fund small business loans and green projects