CABEI issues its third Green Bond for 2022

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CABEI retaps the Swiss market to finance relevant green investments in the Central American Region.

Tegucigalpa, 23 November 2022. The Central American Bank for Economic Integration (CABEI) issued its third green bond in the Swiss market for CHF110 million at a fixed rate of 2.1375% and a 5-year tenor. This is CABEI’s sixteenth overall bond placement in the Swiss market, further consolidating its presence as a recognized CHF issuer despite current market volatility.

CABEI’s Executive President Dr. Mossi stated “This new green bond issuance follows COP27 where countries came together to take action towards achieving the world's collective climate goals, and therefore demonstrates the Bank’s alignment to such objectives and undisputed commitment to provide timely and cost-efficient resources to enhance the Central American region’s resilience and green economic recovery.”

The proceeds of this new green issuance will finance eligible green projects and assets under CABEI’s Green Bond Framework in compliance with the International Capital Market Association’s (ICMA) principles; further enhancing the bank’s position as region’s

dominant multilateral with green loan approvals for more than US$6.9 billion for the 2015 – 2021 period.

Bond placements in Switzerland represent almost 20% of CABEI’s historic bond issuances, with a total of US$3.05 billion since its 2010 debut in this market, in line with the bank’s strategy to diversify its funding sources, as a key element of its “AA” rating and position as the best credit in LATAM.