The Central American Bank for Economic Integration (CABEI) announces the issuance of a private placement bond for US$25 million, reaffirming its active and strategic presence in global capital markets. The issuance, structured by The Bank of Nova Scotia (Scotiabank), represents CABEI’s first transaction with this institution and was placed in a floating-rate format referenced to the Secured Overnight Financing Rate (SOFR) with a five (5) year term.
In line with its institutional mandate and renewed Financial Strategy, CABEI continues to expand its network of strategic partners, comprised of renowned international financial institutions, which strengthens and diversifies its investor base in a sustainable manner. This strategic approach enables CABEI to access increasingly competitive funding, enhancing its capacity to drive sustainable development across the Central American region.
Executive President Gisela Sánchez stated: “It is a source of satisfaction for us to continue consolidating our track record in global markets. This new issuance reaffirms CABEI’s commitment to continuously optimize the cost of funds, in order to provide tangible benefits reflected in better conditions for our member countries.”
Once again, CABEI reaffirms the value of its franchise in international capital markets, supported by its strong credit ratings, which highlights its financial soundness, operational efficiency, and the tangible impact of its role as the region’s leading development bank. (https://www.bcie.org/en/news-and-media/news/article/cabei-expands-its-presence-in-global-markets-through-a-new-private-placement-of-us25-million)
