CABEI issues its first ever us dollar private placement in switzerland
Tegucigalpa,May 24th, 2022.- The Central American Bank for Economic Integration (CABEI) has issued its first ever private placement in the Swiss market in US dollars. This 2-year transaction was priced in a fixed rate and in US Dollars for a total amount of US$75 million.
During this first semester, CABEI has issued two social private placement bonds, the first issuance was for an equivalent amount of US$76.3 million and the second bond for an equivalent amount of US$50.4 million. With this most recent US dollar transaction, CABEI has reached a historic figure of US$ 4.38 billion.
These funds come on a right timing allowing CABEI to continue supporting the social economic development of the Central American region. This issuance is in line with CABEI´s financing strategy, which aims to diversify the international markets as well as its investor base.
CABEI´s Executive President, Dr. Dante Mossi, mentioned that “Through the issuance of this private placement bond, CABEI has skillfully engaged into international capital markets to mobilize additional funds to improve the life quality of the Central American people”.
Dr. Mossi also stated “this is 2022´s first bond issuance in the European market and demonstrates that Europe has an important impact on the socioeconomic development of Central American region“.