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Get the news on sustainable finance & investment in Latin America Email * Company * Δ NEWSLETTER DELIVERED MONTHLY THANKS TO Mexican non-bank lender Mercader Financial has asked IDB Invest, the private sector arm of the IDB Group, to participate in a sustainable bond sale in the local market. IDB Invest could acquire $30 million worth of peso-denominated notes with a maturity of up to five years. The note will be backed by a segregated loans portfolio under “a private issuance modality,” according to the multilateral bank’s website. Mercader plans to use the proceeds to provide loans for micro, small- and medium-sized businesses in the country, including green loans. It intends to carry out the deal through a special purpose vehicle, IDB Invest says. The lender’s board is expected to approve the deal by March 31. ADVERTISEMENT Zapopan-based Mercader offers financial leasing, operational leasing, loans and financial factoring services. More Sustainable Finance & Investment News FREE TO READ THANKS TO GeoPark, ATP Towers, Ambipar print global bonds IFC supports BV solar financing Ambipar, Interbank, Buenaventura line up fresh issuance BRK lands financing for Maranhão expansion Banco W prints second social bond Gerdau snaps up hydro power plants Finanzauto taps Bladex for ESG loan IFC approves Banco Pichincha loan EDP Renováveis requests SLL from IFC CABEI, Funo price ESG bonds CABEI talks pricing for sustainable bonds Acciona taps SLL Load more posts Something went wrong. Please refresh the page and/or try again.
