Viva Aerobus Announces Successful Sustainability-Linked Bond Issuance
Source: Viva Aerobus Viva Aerobus (“Viva”) announced the successful issuance of a Mx$1,000 million Sustainability-Linked Bond (SLB) in the local market, listed in Bolsa Institucional de Valores (“BIVA”) under the ticker VIVAACB 22L, with a 5-year tenor and an interest rate of TIIE28 + 220 basis points. The proceeds from this issuance will be used to redeem VIVAACB19 bond and for general corporate purposes. Aligned with its ESG corporate purpose, Viva Aerobus is committed to integrating sustainability in its everyday operations, as well as in its investment and financing strategy. Since the introduction of the Airbus A320 NEO-family aircraft in 2016, Viva started its transition towards environmentally friendly new aircraft technology, becoming one of the most sustainable airlines in the [...]