This historic issue, for US$1.35 billion, maturing in 2027 and with a 5% coupon, represents the Bank's most significant transaction to date. This monumental transaction was listed on both the London Stock Exchange and the Luxembourg Stock Exchange.
CABEI's Executive President, Gisela Sánchez, expressed her satisfaction, stating: "We are extremely pleased with the reaction generated by our 3-year Global Bond, as it confirms our commitment to have a decisive impact on sustainable development, while maintaining a solid financial position".
The bond's yield was set after the Bank recorded the largest book of bids in its history, reaching approximately US$5.2 billion, with the participation of more than 150 high quality investors from around the world. The distribution of the allocation focused mainly on Official Institutions (36%), Central Banks (30%) and Asset Managers (24%), among others.
The CABEI President highlighted the crucial role of the member countries, emphasizing their constant support and preferential treatment in their obligations to the Bank. Likewise, Central Banks and institutional investors have contributed to strengthening CABEI's privileged position in the capital markets.
Sánchez highlighted the prudent management of the proceeds of this historic issue and the Bank's commitment to enhance operational efficiency, contribute to sustainable development objectives and address the remaining gaps in basic infrastructure in the region.
Translated by: A.M