Coca-Cola FEMSA is the first consumer company to place social bonds in LAC

The Mexican company Coca-Cola FEMSA issued social and sustainable stock certificates for an amount in local currency equivalent to 300 million dollars, in tranches of 7 and 4 years, respectively. The proceeds obtained will be used to finance projects focused on the development of the communities in which the company has a presence and that respond to their local needs. Moreover, Coca-Cola FEMSA becomes the first corporation in the consumer goods sector to place social bonds in the American continent.

Coca-Cola FEMSA had already placed green bonds in 2020 and the first sustainability-linked bonds issued in the Mexican market in 2021. As part of the current issuance, Coca-Cola FEMSA published a Sustainable Bond Framework, which is aligned with the Sustainability-Linked Bond Principles 2020 from the International Capital Markets Association (ICMA). The transaction was rated mxAAA by S&P Global Ratings, and AAA.mx by Moody’s Mexico.