Cabei Back for More Francs

Cabei Back for More Francs

Honduras Europe Bonds

The Central American Bank for Economic Integration (Cabei) has raised CHF275m ($299m) in dual-tranche bonds, according to a person familiar with the deal. A CHF130m 2016 bond priced at 100.28 with a 0.625% coupon to yield 0.665%, or mid-swaps+45bp. A CHF145m 2019 bond priced at 100.65 with a 1.500% coupon to yield 1.465%, or mid-swaps+65bp. Proceeds will be used for general funding purposes. Credit Suisse managed the transaction, rated A/A2/A. Cabei now turns to the Mexican domestic bond market,

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