CABEI sells social bonds

CABEI sells social bonds

Bonds Debt Capital Markets Fixed Income Loans Central America Honduras United States Rule 144a/ RegS

The Central American Bank for Economic Integration (CABEI) issued $500 million worth of social bonds on Wednesday, raising funds to finance sustainable development projects in the region, said a source involved in the deal. The Tegucigalpa-based development bank priced the new five-year bonds at 57 basis points over mid-swaps after orders reached more than twice the amount on offer, the source said. Led by Bank of America, Crédit Agricole and Standard Chartered, CABEI opened the deal with initia

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