December 9, 2021
NADBank recognized in Mexico as first multilateral bank to issue a green bond
Mexico City – The North American Development Bank (NADBank) was recognized in Mexico as the first multilateral bank to issue a green bond in the international market and for the largest amount issued in 2020, within the framework of the 2020-2021 Green, Social and Sustainable Bond Awards made by the Green Finance Advisory Council (CCFV). The announcement was made during the MX21 Sustainable Finance Forum, organized by the CCFV on December 7 and 8, 2021 in Mexico City.
“This CCFV award is an endorsement of NADBank’s commitment to the principles of environmental sustainability and transparent management of its financial and investment resources,” stated NADBank Managing Director Calixto Mateos Hanel. “It motivates us to continue finding innovative tools for the efficient use of resources in benefit of the U.S.-Mexico border region.”
In May 2020, NADBank issued two green bonds in the international markets: a CHF 180 million bond maturing in 2028 and a CHF 160 million bond maturing in 2033, equivalent to US$186 and US$166 million, respectively.
Since 2018, NADBank has issued three green bonds totaling US$478 million that have supported 12 projects to date.
###
NADBank is a financial institution established and capitalized in equal parts by the United States and Mexico for the purpose of financing environmental infrastructure projects along their common border. As a pioneer institution in its field, the Bank is working to develop environmentally and financially sustainable projects with broad community support in a framework of close cooperation and coordination between Mexico and the United States. For more information about NADBank, visit www.nadb.org.