June 14, 2022 |
Mexico is looking to sell up to MXN3 billion ($147 million) worth of environmental, social and governance (ESG) bonds in the local market, according to Fitch Ratings.
The government plans to price the 15-year notes with a fixed rate and use the proceeds to fund investments in roads, public works, healthcare and transportation, Fitch said in the report on Friday.
Fitch added that it expects to assign the notes a AAA(mex) rating on the local scale.
Mexico announced in May that it planned to issue
Sovereign issuer is expected to issue $147 mln in 15-year notes to fund investments in public works, healthcare and transportation