Banobras successfully issued a 10 billion peso bond in the local market
The placement was done under favorable conditions, and consisted of 3, 10 and 15 year tranches, some of them sustainable bonds, reaffirming the confidence of investors in the Institution while promoting the development of the local debt market
- Funds raised through sustainable bonds will be used to finance and refinance green projects with high social impact.
- The transaction was well received by the investors; a total demand of more than 42 billion pesos was recorded, representing 4.2 times the amount issued.
- With this transaction, Banobras became the first issuer to list sustainable bonds in the Institutional Stock Exchange (BIVA for its acronym in Spanish), and the first issuer of a 15-year thematic bond.
Source: GOB.MX
