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América Móvil Raises 24 Billion Pesos of Sustainable Debt
América Móvil, the largest telecommunications company in Mexico and Latin America, raised 24 billion pesos (MXN) through the issuance of its first sustainable bond on the Mexican Stock Exchange (BMV).
América Móvil raises a historic 24 billion pesos with its inaugural sustainable bond. Photo: El Economista
12/20/2022
América Móvil, the largest telecommunications company in Mexico and Latin America, raised 24 billion pesos (MXN) through the issuance of its inaugural sustainable bond on the Mexican Stock Exchange (BMV).
This marks the largest amount ever issued in the history of labeled bonds in the local stock market.
Out of this amount, 21.7 billion pesos (MXN) are allocated to finance environmental and high-impact social projects.
With the proceeds from the sustainable bond, the company will align its business strategy with a sustainable vision to make a better world possible.
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
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