Cabei debuts green bond in Uridashi market

Cabei debuts green bond in Uridashi market

Central America Honduras Asia Japan Bonds Project & Infrastructure Finance

The Central American Bank for Economic Integration (Cabei) has sold ZAR1.032bn ($74m) in 2020 green bonds to Japan’s Uridashi market, LatinFinance understands. Sole bookrunner Daiwa sold the four-year green bonds with an 8.4% coupon to Japanese retail investors. Proceeds are earmarked for renewable projects and the supranational lender’s sustainable development goals, Ricardo Rico, Cabei’s head of capital and financial markets said. Moody's rated the notes A1, in line with the issuer's rating, w

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