CABEI awarded “Agency Bond Deal of the Year”
Tegucigalpa, November 15 2022. - The Central American Bank for Economic Integration (CABEI) is being recognized for a second year in a row by Bonds & Loans; this time, for winning the “Agency Bond Deal of the Year” award. The latter as part of its 8th Latin America & Caribbean Awards event, and in light of CABEI’s 2021 Social Bond Issuance in the Mexican market.
CABEI's Executive President, Dr. Dante Mossi, stated that "We are honored to receive this prestigious recognition that acknowledges our continuous commitment to timely and efficiently support the Central American region, particularly through ESG bond issuances which are an integral part of our funding strategy.”
According to Bonds & Loans, CABEI executed the first ever COVID-19 Reconstruction and Recovery bond issuance worldwide. As such, the net proceeds of this social issuance were directed to finance eligible social projects and assets under CABEI’s Social Bond Framework, providing much needed COVID-19 relief and economic recovery for the region.
Back in 2021, CABEI received the “Bank Funding Team of the Year”, recognizing the institution’s achievements in innovation, negotiation, structure and opening of new sources of funding and markets, among others. The Bonds and Loans Awards ceremony is expected to take place in Miami, alongside the Annual Bonds & Loans Latin America & Caribbean conference which will be held at the same venue on the 29th & 30th of November.
This recognition confirms CABEI’s robust franchise value and experience as a global issuer with bond placements in 23 different markets and 24 different currencies. Such presence in the international capital markets, as well as its relevance as the region’s SSA, is evidenced by its historical disbursements for more than US$34 billion.