Cabei to go green for first benchmark with double-A grade

tegucigalpa, Cabei, BCIE, Honduras, Central America, LatAm
By Oliver West
22 Oct 2019

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.

Fresh from a one-notch Moody’s upgrade to Aa3 in September and a two-notch upgrade to AA from S&P in March, Cabei (Central American Bank for Economic Integration, known as BCIE in Spanish) is the best-rated borrower in Latin America and will look to tap traditional SSA investors.

It last ...

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