Nacional Financiera (Nafin), national development bank in Mexico, has completed the placement of Stock Certificates (CEBURES) with social label, with terms of 2.3 and 3.5 years, for an amount in local currency equivalent to 265 and 177 million dollars, respectively. The transaction is aligned with the strategy and guidelines from the Federal Government and the Ministry of Finance and Public Credit (SHCP) regarding the issuance of sustainable bonds with a social label.

The issuance, over-subscribed by 3.4x the initial planned amount, achieved “AAA” ratings on the local scale by the agencies S&P Global Ratings, Fitch México and HR Ratings México. The resources obtained will be used to reinforce the programs and services offered by Nafin that generate greater positive impact on social matters, supporting the financing of small and medium-sized enterprises (SMEs) in the country, with an emphasis on the medium and long term, complementing credit schemes offered by commercial banks.