April 27, 2022 |
The Central American Bank for Economic Integration (CABEI) has set the initial price talk on the sale of five-year social bonds at 90 basis points over SOFR mid-swaps, a source involved in the deal told LatinFinance on Tuesday.
CABEI began calling investors last week and expects to issue a benchmark-sized deal on Wednesday with Citi, Crédit Agricole and Standard Chartered as joint bookrunners.
The Tegucigalpa-based lender has said it plans to use the proceeds to fund social projects such as affo
Central American development bank opens IPTs at 90 basis points over SOFR mid-swaps, source says