The Central American Bank for Economic Integration (CABEI) has successfully completed a historic global bond issuance in US dollars, solidifying its position as a key player in the sovereign, supranational and agency (SSA) capital markets. The bond, totaling 1.35 billion dollars and maturing in 2027 with a 5% coupon, represents the largest transaction to date for the bank.
With a rating of Aa3/AA by Moody’s and S&P, the bond issuance demonstrates investors’ confidence in CABEI’s financial strength, leadership, and franchise value. The bond was listed on both the London Stock Exchange and the Luxembourg Stock Exchange, further establishing CABEI’s presence in the global market.
Expressing her satisfaction, CABEI’s executive president, Gisela Sánchez, emphasized the bank’s commitment to sustainable development and its strong financial position. The bond yield was set after the bank registered a record-breaking amount of approximately 5.2 billion dollars in positions, with the participation of over 150 high-quality investors from around the world.
Sánchez also highlighted the crucial role of member countries, central banks, and institutional investors in supporting CABEI’s position in the capital markets. As the first female president of CABEI, Sánchez underlined the bank’s prudent management of the historic bond issue and its dedication to enhancing operational efficiency, contributing to sustainable development objectives, and addressing infrastructure gaps in the region.
The successful bond issuance reflects CABEI’s commitment to promoting economic integration and sustainable development in Central America, marking a significant milestone for the institution on the global stage.