Central American multilateral eyes dollars

Cabei, CFO, BCIE, Hernan Danery Alvarado
By Oliver West
06 Jun 2019

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.

A1/AA rated Cabei, which raised $283m-equivalent of bonds from Mexican and Japanese investors last week, has $650m of funding remaining for the year, CFO Hernán Danery Alvarado said after the pair of deals. 

In March, Standard & Poor’s granted the borrower a double-notch upgrade, giving it an AA rating ...

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