- Coca-Cola FEMSA places first sustainability-linked bond on the Mexican BMV
Coca-Cola FEMSA places first sustainability-linked bond on the Mexican BMV
10/12/2021 Since 4 months
Coca-Cola FEMSA, the world’s largest beverage bottler, issued sustainability-linked bonds with a placement in Mexican pesos for approximately 460 million dollars, divided into two series, through the Mexican Stock Exchange (BMV). The issue with ticker symbol KOF 21L has a term of seven years at a fixed rate, while KOF 21-2L has a term of five years at a variable rate. Both placements received AAA ratings from HR Ratings and Moody’s.
Coca-Cola FEMSA’s sustainability strategy and its environmental commitments are focused on contributing to the United Nations Sustainable Development Goals of climate change adaptation, clean and mass transportation, energy efficiency, sustainable water and wastewater management, being the basis for the issuance of these sustainability-linked bonds, the first of their kind in the country.
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