Honduras

Development lender the Central American Bank for Economic Integration (Cabei) raised $170m-equivalent of three year money on Tuesday after heading to the Mexican bond market, where investors see the bank as a haven credit, the bank’s CFO told GlobalCapital.

Central American development bank Cabei sold its first green bond in the public markets on Thursday, increasing the size of its five year floating rate note from $300m to $375m after attracting nearly $1bn of orders.

The Central American Bank for Economic Integration (Cabei) has hired two banks as green structuring advisers and bookrunners as it plans its first dollar benchmark bond for seven years and first green bond in dollars.

Central American development bank Cabei will look to issue its first public green bond in around two weeks as it attempts to enter the universe of true SSA borrowers with a first dollar benchmark in seven years.

Moody’s upgraded the Central American Bank for Economic Integration (Cabei) from A1 to Aa3 on Wednesday, paving the way for the multilateral lender to approach traditional dollar SSA investors.

Cabei (Central American Bank for Economic Integration) has issued a request for proposal (RFP) for a potential first dollar benchmark since 2012, Latin American bond market participants told GlobalCapital.

Central American multilateral Cabei (Central American Bank for Economic Integration) has issued a request for proposal (RFP) for a potential first dollar benchmark since 2012, Latin American bond market participants told GlobalCapital.

Central American development bank Cabei will return to US bond markets for the first time since 2012 after a better than expected two notch upgrade from S&P left it keen to enter the realm of true SSAs, said its CFO. But the issuer will be doing so without Fitch, after deciding the rating agency’s methodology did not reflect its new business model.

Central American development bank Cabei (Central American Bank of Economic Integration) sold $100m of dollar bonds to Japanese insurance companies earlier this month to complete its financing needs for 2018, the lender said.

The Central American renewable energy subsidiary of multinational conglomerate Corporación Multi Inversiones (CMI) will begin investor meetings on Friday as it seeks to become the first debut issuer from Latin America since May.

Central American multilateral Cabei (Central American Bank of Economic Integration, otherwise known as BCIE for its Spanish name) has appointed a new executive president who will begin his role on December 1.

Honduran lender Banco Atlántida will meet bond investors ahead of a proposed green bond as Latin American primary markets slowly creak into life.