CABEI Brings Triple-Market Bond

CABEI Brings Triple-Market Bond

Panama Central America Costa Rica El Salvador Bonds

The Central American Bank for Economic Integration (CABEI) has placed $67.6m 10-year bond into three Central American markets, marking the first time a borrower has simultaneously registered and sold debt in three of the isthmus’s countries. The 2021 bond priced at par and offered buyers in Panama Costa Rica and El Salvador a coupon that steps up from 2% to 3% after year two, to 4% in year five and to 6% in year seven. Yield to call and yield to maturity for the $67.6m bond came in at 2.6%

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial