Project Details
Project
Banco Mercantil del Norte S.A Sustainability Bond Pre-Issuance Letter (2024)
Client
Banco Mercantil del Norte S. A.
Project Type
Pre-Issuance Review
Industry Group
Banks
Use of Proceeds
Renewable energy; Energy efficiency; Green buildings; Clean transport; Water/waste water management; Pollution prevention and control; Socio-economic advancement;
Location
Mexico
Evaluation Date
Jan 2024
Evaluation Summary
In this Pre-Issuance Review letter, Sustainalytics provides assurance that the projects to be finance by the bond are aligned to the issuer’s bond framework.
With a pre-issuance review from Sustainalytics, a leading provider of Second-Party Opinions for green, social and sustainability bonds, investors can be confident that the proceeds from the bond will be used to finance projects with positive environmental and/or social impacts.
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/banorte-sustainability-bond-2024-pre-issuance-letter.pdf?sfvrsn=dc264cde_1