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Banco Montebio advises José de Mello Capital on its first sustainable debt issuance

Banco Montebio advises José de Mello Capital on its first sustainable debt issuance

The bond issuance, “José de Mello Capital Sustainability Bonds 2023-2028,” aims to “finance the investment project implemented by José de Mello Capital in the renovation of its office building on Avenida 24 de Juliho in Lisbon,” according to a statement.

Banco Montebio advised José de Mello Capital, the holding company of the José de Mello Group, in structuring the first issuance of sustainability bonds worth four million euros, through a direct private placement.

According to a statement sent by the bank, the bond issuance “José de Mello Capital Sustainability Bonds 2023-2028” aims to “finance the investment project implemented by José de Mello Capital in the renovation of its office building on 24 de July Street, in Lisbon.”

Banco Montebio points out that this project “will include numerous energy efficiency measures and the use of more sustainable materials without harmful substances, but also the valorization of human capital (including the creation of more comfortable, modern and safe spaces for employees as well as the creation of accessibility for users with limited mobility At the entrance to the building) and thus have positive environmental and social impacts.”

Banco Montepio took responsibility for the organization and preparation of the operation and participated in the issuance, acting as global coordinator of the operation and as an investor.

“By directing our financial and investment operations towards sustainable development, in line with the development of European and international capital markets, we are strengthening our offering to all our clients, including companies that want to invest with purpose, and integrating environmental, social and governance factors into their management strategies, as This is the case for the José de Mello Group,” said Pedro Leitao, CEO of Banco Montebio Group, in the statement.

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