Cabei taps two markets to near funding target

Oliver West

June 04, 2020 10:45 PM

Honduras, San Pedro Sula, coronavirus, LatAm, Central America, covid-19, 575, Cabei — Police officers and health workers control a line before distributing face masks and bags of essential food to the vulnerable people. Over 60\% of people in Honduras live in poverty. During the Coronavirus lockdown the most vulnerable people have seen the biggest negative impacts. All over the city people from the poorest neighbourhoods have flocked to the streets to ask for help. Many times the government couldnít provide the aid that's necessary. Here a group of locals collected funds, bought food, and organized all logistics, Police provided security but on their last stop people were left empty handed because the bags had all been given away. (Photo by Seth Sidney Berry / SOPA Images/Sipa USA) | SOPA Images/SIPA USA/PA Images

The Central American Bank for Economic Integration (Cabei) raised $530m-equivalent of debt in Taiwan and Switzerland this week to complete the bulk of its bond financing for the year, leaving the lender to focus on bilateral funding and further investor relations for the rest of the year.

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Topics

Taiwan SSA Americas Supras and agencies Asia Coronavirus Greater China Honduras Northeast Asia Asia Pacific LatAm Bonds Emerging Markets LatAm Latin America

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Oliver West

US Bureau Chief - Latin America Editor