The Federal Electricity Commission (CFE) of Mexico has completed its third placement of Stock Certificates (CEBURES) with a sustainable label on the Mexican Stock Exchange, for an amount in local currency equivalent to nearly 600 million dollars.

The placement, oversubscribed by 1.9 times the total amount issued, is comprised of three tranches: i) a 3-year variable rate tranche, ii) a 6.3-year nominal fixed rate tranche, and iii) a 12-year tranche at a real fixed rate in Investment Units (UDI).

The operation was granted as “sustainable label” given the CFE’s commitment to invest an amount similar to that obtained in the issuance in green and social projects, as well as in projects to adapt electrical infrastructure to climate change, in accordance with its Sustainable Financing Framework.