CABEI successfully accesses global markets with historic 1.35 billion dollars bond

The Central American Bank for Economic Integration (CABEI) has completed the issuance of a 1,350-million dollars global bond under the 144A/Reg S format on the London and Luxembourg Stock Exchanges, which represents the largest transaction in the institution’s history.

The 3-year bond expiring in 2027 and paying a 5% annual coupon, achieved a Aa3/AA rating by Moody’s and S&P. The resources obtained will allow the Bank to boost the future of economic integration and sustainable development in the Central America region.

The placement was over-demanded by 3.8 times the amount finally issued with a 5.2 billion dollars orderbook, through the participation of more than 150 high-quality investors from all over the world. The allocation was composed by Official Institutions / Sovereign Wealth Funds (36%), Central Banks (30%) and Asset Managers (24%), among others.