CABEI sets up social bonds in Swiss francs

CABEI sets up social bonds in Swiss francs

Corporate & Sovereign Strategy Bonds Debt Fixed Income Central America Latin America Social Bonds Capital Markets

The Central American Bank for Economic Integration (CABEI) will start calling investors on September 14 as it prepares to sell between CHF150 million ($163 million) and CHF200 million worth of social bonds in the Swiss market, according to a source involved in the deal. The bank has hired BNP Paribas and UBS to manage the sale and plans to use the proceeds to finance projects in healthcare and education, the source said.  Moody’s affirmed CABEI's Aa3 rating with a stable outlook in August, sayin

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