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CABEI PRICES CHF 7.0YR FIG AA- FIXED RATE ALPINE BOND

Post Date: 24 November 2021

Honduras based Financial Institution Central American Bank for Economic Integration has finalised a private placement in the CHF Fixed Rate Alpine Bond market. The financing matures in 2028 and was executed by a single dealer. 

An Alpine bond is a CHF-denominated bond issued by a non-Swiss entity in the Swiss Foreign Bond market.

Issuer Details
Issuer Central American Bank for Economic Integration
LEI 549300OLDAMXBPSHIC05
Industry Bank - Credit Institution
Country Honduras
Issuer Description The Central American Bank for Economic Integration (CABEI) is a multilateral development bank that has as a mission to promote economic integration and the balanced economic and social development of its founding member countries, attending and aligning itself with the interests of all its member countries. CABEI was created in 1960 as the financial arm of the region´s integration and development process. Its resources are continuously invested in projects that foster development to reduce poverty and inequality; strengthen regional integration and the competitive insertion of its member countries in the global economy; providing special attention to environmental sustainability. CABEI´s actions are oriented toward the compliance of its Institutional Strategy 2015-2019 “Integrating Sustainable Development and Competitiveness” that consolidates its historic contribution towards the region´s development and reaffirms its commitment to increase its operational efficiency and maintain the institutional relevance of its partners. The investment grade rating and financial soundness of CABEI allow it to harness resources under the best conditions for the promotion of development projects and programs for the benefit of the region. CABEI continues to provide more than half of all financial resources channeled towards the region; positioning itself as the strategic ally of the region by providing financial solutions that contribute to generating employment and improving the wellbeing and quality of life of all Central Americans.. Central American Bank for Economic Integration (CABEI) was established in 1960. It is an international multilateral development financial institution whose purpose is to promote the integration and balanced economic and social development of the Central American region. The bank invests in development projects to reduce poverty and inequalities, strengthen regional integration, and ensure the competitiveness of its partner countries in the global economy, with special attention to environmental sustainability. It offers loans, mainly medium- and long-term ones, to finance investments of new and operating entities, including the refinancing of existing bonds. Central American Bank for Economic Integration is headquartered in Tegucigalpa, Honduras, and has regional offices in Guatemala, El Salvador, Nicaragua, Costa Rica, and Panama.
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Trade Details
Amount CHF [Login to see full details]
Total Amount including taps CHF [Login to see full details]
Total Amount Outstanding CHF [Login to see full details]
Total Order Book CHF [Login to see full details]
Structure Fixed Rate
The coupon is [Login to see full details]
Reoffer [Login to see full details]
It came at a spread of [Login to see full details] in the Alpine bond market.
Term [Login to see full details]
Trade Date [Login to see full details]
Settlement Date [Login to see full details]
Maturity Date [Login to see full details]

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An Alpine bond is a CHF-denominated bond issued by a non-Swiss entity in the Swiss Foreign Bond market.

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