London Stock Exchange welcomes the United Mexican State celebrating its debut sustainability bond

London Stock Exchange today welcomes the United Mexican States issuing their EUR750mn 1.35% note due September 2027 to London Stock Exchange’s International Securities Market. The deal was more than 6 times oversubscribed, receiving bids in excess of $4.8bn from over 260 investors.

This transaction makes Mexico the first country in the Americas to issue a sustainability sovereign bond linked to the UN Sustainable Development Goals. The deal will be admitted to the Sustainable Bond Market as Mexico intends to use the net proceeds of the issue of the Notes for eligible expenditures under the SDG sovereign bond framework aimed at the transition to an equal and sustainable future. 

Denzil Jenkins, Interim CEO, London Stock Exchange plc and Group Director of International Development

We are delighted to welcome the United Mexican States to London Stock Exchange's International Securities Market as the venue of choice of its debut sustainability bond. This makes it the first country from the Americas to issue a sustainability bond linked to the UN Sustainable Development Goals. 

London Stock Exchange Group is committed to being a leading partner for sovereigns as they seek to develop sustainable and equitable growth, and a low carbon future. Mexico’s transaction joins over 240 active bonds from over 60 issuers on our Sustainable Bond Market, which has supported milestone transactions from every region across the world.

Arturo Herrera Gutierrez, Minister of Finance of Mexico

We are pleased to announce the first SDG-linked sovereign bond. This is a highly relevant operation for Mexico, not only because it helped us to raise the amount of resources that we required, but also because it is a proof that investors are no longer just looking for the appropriate risk and yield, but that they are also becoming more interested on the use of these proceeds. 

John Glen MP, Economic Secretary to the Treasury

I’d like to congratulate the Mexican Government on the issuance of their first Sustainable Bond and I’m delighted that they have decided to list in London. The SDGs are important to us all and this listing will help support both countries’ green and sustainable priorities in the run up to COP26 and beyond. This new bond demonstrates Mexico’s commitment to their sustainable finance goals and its role as an innovative leader in this space.

In addition, I’m thrilled that we are able to showcase what the UK has to offer as a global centre for green and sustainable finance, and I look forward to collaboration between our two governments in the future.

Quick facts

Market: ISM
Instrument market cap (£m)
Listing/Admission to trading
22 Sep 2020
Looking for new and recent issues?

More recent

London Stock Exchange welcomes Graft Polymer Plc to the Main Market

The London Stock Exchange today welcomes Graft Polymer (UK) PLC, a business focused on the development of polymer modification, bio/food supplements and drug delivery systems, to the Main Market, trading under the ticker symbol “GPL”.

Graft Polymer is an early-stage company with a state-of-the-art polymer research and development, manufa

Learn more
London Stock Exchange welcomes Genflow Biosciences Plc to the Main Market

London Stock Exchange today welcomes Genflow Biosciences Plc, a UK-based biotechnology company focused on longevity and the development of therapies to counteract the effects of aging and diseases associated with advanced age, to the Standard Listing Segment of the Main Market, under the ticker symbol "GENF".

Genflow Biosciences opened th

Learn more
London Stock Exchange welcomes East Star Resources Plc and their readmission to the Main Market

London Stock Exchange welcomes the readmission of East Star Resources, a company focused on the discovery and development of gold, copper, and base metals in Kazakhstan, to the Main Market under the ticker “EST”. The company raised gross proceeds of £3.1 million via a placing and subscription of 62,000,000 shares at £0.05 per share, delivering a ma

Learn more
London Stock Exchange celebrates FTSE Russell’s index partnership with Abu Dhabi Securities Exchange

Today, London Stock Exchange markets were opened by Abu Dhabi Securities Exchange and FTSE Russell to mark their partnership and the launch of the FTSE ADX Index Series.

FTSE ADX General Index FTSE ADX Sector Indexes FTSE Russell provides daily index calculations on the ADX General Index FTSE ADX General Index replaces the ADX General Index FTSE Russ

Learn more