Tegucigalpa, December 16, 2024.- The Central American Bank for Economic Integration (CABEI) reaffirms its commitment to diversifying financing sources and its strategic relationship with the Republic of China (Taiwan) by formalizing the signing of a new syndicated loan for up to US$250 million with a five-year term. On December 6th, CABEI made an initial disbursement of US$100 million as part of this facility.

The bank syndicate was led by CTBC Bank, with the participation of three other Taiwanese banks and one Korean bank, further reflecting CABEI's solid and recognized track record in Asia. Additionally, this loan marks the second syndicated transaction with CTBC, following the first syndicated facility in 2022, with two tranches totaling US$250 million.

The Taiwanese financial market has proven to be a key market for CABEI, as it is also the main market for bond issues in the Asian capital markets. In this sense, this transaction renews the confidence of Taiwanese financial institutions in CABEI's credit soundness and the positive impact of its operations in the region.

CABEI’s Executive President, Gisela Sánchez, highlighted: "We are proud to continue strengthening our relationship with the RoC (Taiwan) through financial operations that promote sustainable development and regional integration. This syndicated loan not only reflects the trust of the Taiwanese market in our institution but also underscores our member country's role as a strategic bridge to the Asian market."

Similarly, the President of CTBC Bank, Tony Yang, expressed: "CTBC Bank is honored to play the sole lead role again in successfully closing this syndication loan for CABEI.  This achievement reflects our longstanding partnership with CABEI, our commitment to fostering sustainable growth in the region, and our capability to help expand investor base with a new syndicate comprised of Taiwanese and Korean banks. Market’s positive feedback also represents a recognition on CABEI’s transparent governance.  Moving forward, CTBC Bank will continue to stand by and support CABEI, leveraging our expertise to help it integrate further into the Asian financial market.”

CABEI remains committed to offering innovative and sustainable solutions for its member countries, ensuring the mobilization of the necessary resources for projects that contribute to the welfare and economic and social development of the region.