CABEI places US$80 million in a private issuance, consolidating its alliance with investors from its member countries

Tegucigalpa, November 7, 2024 - The Central American Bank for Economic Integration (CABEI) has successfully placed bonds worth US$80 million directed at an institutional investor in the Republic of Korea. This transaction strengthens the Bank's franchise value in one of its member countries and in the Asian market, which represents 24% of its historical issuances.

The issuance was structured by Goldman Sachs International with an initial term of 30 years, under a structure that offers flexibility according to market conditions. This placement represents the longest-term issuance in CABEI's history, reflecting investor confidence in its long-term solidity, backed by its conservative financial management approach. It is also part of the Bank's Financial Strategy, which promotes using innovative instruments to optimize and maximize access to stable resources for the development of member countries.

CABEI's Executive President, Gisela Sánchez, highlighted the importance of this issuance, stating: "We are very pleased with this new placement directed at an investor in the Republic of Korea, which strengthens our commitment to the Asian market, key to our institution." She added, "This year has been historic for CABEI in capital markets, with aggregate fundings to date exceeding US$2.495 billion."

With this issuance, CABEI reaffirms its role as a critical strategic partner for Central America, promoting lasting partnerships with international investors committed to sustainable development and the long-term well-being of its member countries.