BBVA México leads the closing of a sustainability-linked syndicated loan for Fibra UNO for nearly MXN 17 billion

Fibra UNO (FUNO), the first and largest real estate investment trust in Latin America, entered into a syndicated revolving credit facility with BBVA México acting as Global Coordinator, Joint Bookrunner, Administrative Agent and Sustainability Agent. The financing includes a MXN 11.5 billion tranche and a USD 300 million tranche, both earmarked for general corporate purposes. The transaction involved the participation of 13 financial institutions.

Álvaro Vaqueiro Ussel, Head of Corporate & Investment Banking at BBVA México, said: “For BBVA México, once again supporting FUNO in the execution of its strategy through this financing reinforces a shared vision: sustainability, which has become a central pillar of industrial and financial competitiveness.”

The loans are linked to sustainability indicators measured through the percentage of Gross Leasable Area (GLA) within the total portfolio certified as sustainable. In 2025, this indicator reached 18.4%, while the target for 2032 is to achieve at least 40.5%. In addition, as part of its ESG strategy for 2030, FUNO has set targets to source 20% of its total energy consumption from renewable energy, reduce TCO2e emissions by 67%, and invest MXN 160 million in social impact projects.

Through these transactions, BBVA México reaffirms its commitment to supporting companies that generate a positive impact on their environment. By structuring sustainability-linked financing for companies such as FUNO, the bank not only strengthens Mexico’s real estate market, but also advances its strategy of supporting businesses in their transition toward more sustainable models.

During the first quarter of 2026, BBVA México channeled a total of MXN 121.277 billion into sustainable finance. Of this amount, the majority (73%, equivalent to MXN 88.736 billion) was allocated to environmentally focused operations, while the remaining 27% (MXN 32.541 billion) was directed to initiatives with social impact.