Mexico state arranges first social bond sale

Mexico state arranges first social bond sale

Bonds Credit Ratings Debt Mexico Capital Markets ESG Project & Infrastructure Finance Energy Electricity Economy & Policy Funds Social Bonds

The state of Mexico expects to raise MXN3 billion ($147 million) in its first sale of sustainable bonds in the local market on Tuesday, a source at the state government's finance department told LatinFinance. The state government, often referred to as Edoméx, plans to use the proceeds from to finance projects "focused on gender equity and clean mass transit as well as access to essential services," the source said. Specifically, the money could go to the Mexicable cable car line in Ecatepec and

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