Tegucigalpa, August 01 2024. - The Central American Bank for Economic Integration (CABEI) issued a bond through a private placement for US$50 million in the capital market of the Republic of China (Taiwan).

The issuance was structured by BNP Paribas with a two-year term and referenced to the Secured Overnight Financing Rate (SOFR). This transaction marks the fifth private placement with investors from this member country and represents the twenty-sixth issuance by CABEI in the Taiwanese market, reaching an aggregate amount exceeding US$3,219 million, demonstrating the solid relationship CABEI has established with Taiwanese investors.

CABEI's Executive President, Gisela Sánchez, stated: “We are very pleased to return to the capital market of our member country, the Republic of China (Taiwan), one of the main markets for CABEI, where we have built a remarkable track record since our first issuance in 1997, thanks to the unwavering support and confidence of Taiwanese investors and authorities.” Additionally, President Sánchez added that “CABEI remains committed to our funding strategy, aiming to be more competitive to pass on the benefits to our member countries.”

The Republic of China (Taiwan) is the largest shareholder in CABEI with an 11.09% stake, and along with the Republic of Korea, the combined Asian countries' share amounts to 20.09%. This represents an important factor in the Bank's status as the highest-rated issuer in Latin America (AA/Aa3).

This achievement underscores the value of CABEI's franchise in international markets and its high credit rating as the main instrument for channeling resources under the best conditions. In this manner, CABEI reaffirms its mission to continue supporting the economic and social development of Central America, maximizing the impact on all member countries.