Vinte to use cash to redeem bonds

Vinte to use cash to redeem bonds

Bonds Debt Funds Mexico ESG Green Bonds Sustainability Bonds Sustainable Development Bonds Capital Markets Asset Management Project & Infrastructure Finance

Mexican homebuilder Vinte Viviendas Integrales said it plans to use cash flow to redeem MXN293 million ($14.6 million) in sustainable bonds on June 29. The company also expects to pay MXN1.7 million to cover interest for the period between June 6 to June 29, it said in a securities filing on Monday. With the prepayment, "Vinte's debt maturity profile is improved, derived from the generation of positive cash flow from operations during 2021," it said. Vinte issued the outstanding bonds in June 20

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