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Pemex seeks green loan

Pemex seeks green loan

September 30, 2022 | Rodrigo Alonso Cruz
Mexico's state-owned oil company would cut greenhouse gas emissions as part of $1 bln loan from HSBC, Goldman Sachs

Debt Loans Mexico ESG Green Finance Capital Markets Asset Management Project & Infrastructure Finance Energy Gas Oil Pipelines LNG

Mexico's state-owned oil company Pemex has “reached a preliminary agreement” with HSBC and Goldman Sachs for an around $1 billion green loan, Bloomberg reported. The financing will be linked to achieving targets for reducing carbon emissions, the news agency reported, citing people with knowledge of the agreement. Neither Pemex nor HSBC México responded with comments about the potential green loan. Pemex plans next year to raise $142 million in international debt markets and MXN27.1 billion at h

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