BANOBRAS PLACES THE FIRST SUSTAINABLE BONDS WITH A GENDER PERSPECTIVE OF DEVELOPMENT BANKING, RELATED TO INFRASTRUCTURE IN MEXICO
Within the framework of the Sustainable Bank Strategy, and as part of the actions for the economic reactivation of the country, the National Bank of Public Works and Services (Banobras) placed three bonds, two of them sustainable with a gender perspective, through the Institutional Stock Exchange (BIVA): BANOB 22-4, BANOB 22X and BANOB 22-2X for a total amount of 7.5 billion pesos.
UNEP and GIZ, through the Sustainable Infrastructure Tool Navigator, recognize Banobras as a case of good practices in sustainable infrastructure
UNEP and GIZ, through the Sustainable Infrastructure Tool Navigator, recognize Banobras as a case of good practices in sustainable infrastructure.
Banobras, through its digital platform Mexico Projects Hub, is internationally recognized as a case of best practices in sustainable infrastructure. This case study is found in the Sustainable Infrastructure Tool Navigator, led and supported by the United Nations Environment Programme (UNEP), the Sustainable Infrastructure Partnership (SIP), and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). Is a resource platform designed to help infrastructure practitioners planners, designers, funders, and others –across government, private, and civil society- to identify the most relevant tools to help develop and integrate sustainability into infrastructure systems and specific projects. This initiative promotes comprehensive approaches in the planning and development of sustainable infrastructure around the world.
With this kind of contributions, Banobras reinforces its commitment to advance in the incorporation of standards, tools and good practices that promote sustainable financing with environmental and social responsibility.
BANOBRAS SUCCESSFULLY PLACES 16 BILLION DEBT IN FONADIN STOCK CERTIFICATES
As part of its 2020-2023 Refinancing Program, the National Bank for Public Works and Services (Banobras), Trustee of the National Infrastructure Fund (Fonadin), successfully placed 16 billion pesos of debt in Trust Stock Certificates denominated in investment units (Udis) and endorsed by the Federal Government.
The resources obtained will be used to repay the debt, allowing it to be reduced and improving its profile.
The transaction had a demand of 1.6 times the amount placed and had the participation of Afores, insurers and government institutions.
Tender for Comprehensive Mobility Model for the South Zone of the Guadalajara Metropolitan Area (Line 4)
Line 4 will be the first passenger transport route in Mexico to be incorporated into the freight train right of way; It will have 8 stations in 21 km and will initially move 106 thousand daily users.
It will provide a solution to move and connect the inhabitants of Tlajomulco with the rest of the AMG.
Source: Government of Jalisco / Mi Tren Linea 4
The Olmeca Refinery in Dos Bocas joins the National Refining System
To ensure energy self-sufficiency
- First Construction Stage of the Olmeca Refinery in Dos Bocas, Paraíso, Tabasco.
- It will process 340,000 barrels of crude oil per day, which will produce 170,000 barrels of gasoline and 120,000 barrels of ultra-low sulfur diesel.
Sorce: SENER
Banobras is recognized with the “ALIDE Verde” Award 2022
Banobras received the award in the special “ALIDE Verde” category for the “Digital Tools for Sustainable Infrastructure”, available within the Mexico Projects Hub platform.
During the 52nd General Assembly of the Latin American Association of Development Financing Institutions (ALIDE), held in Curaçao, the ALIDE Awards 2022 were presented; a contest that recognizes and promotes innovation and good practices among development financing institutions.
The special category of the “ALIDE Verde” Award is granted for attention to sustainable development, contributing to the local productive ecosystem development, seeking that productive activities, in addition to being economically viable, socially fair, are environmentally responsible.
Banobras successfully placed ten billion pesos through three bonds in the local debt market
The National Bank of Public Works and Services (Banobras) successfully placed two 3-year and 5-year variable-rate traditional-format bonds and one 10-year fixed-rate bond in pesos.
Source: Banobras
Banobras receives ‘mxAAA’ rating on 3 bonds from S&P Global Ratings
S&P Global Ratings assigned its long-term national scale debt ratings – CaVal – of ‘mxAAA’ to the National Bank of Public Works and Services’ (Banobras) long-term development banking stock certificates.
The ratings assigned to these issues are equal to Banobras’ long-term national scale issuer credit rating (mxAAA).
Source: S&P Global Ratings
FEDERAL EXECUTIVE PRESENTS 10 ACTIONS IN PROGRESS FOR THE RECOVERY OF PEMEX
In 2024 Mexico will reach self-sufficiency of fuels; In three years, the use of the National Refining System went from 32% to 50%
The goal for 2023-2024 is to process two million barrels of oil a day and produce 858 thousand barrels of gasoline and 542 thousand of diesel.
Source: Presidency of México
