The Central American Bank for Economic Integration (CABEI) issued a green bond in the global market.

The 5Y green issuance amounted to USD375 millions with a floating rate “USD Reg S Only”. The proceeds will be used to finance or refinance projects and green assets eligible under the CABEI Green Bond Framework, including inter alia sustainable land use, renewable energy, sustainable water management and clean transport. Supporting these initiatives makes a substantive contribution to strategic sectors and drive the transition of the Central American region to low carbon resilient economies.

The CEO of CABEI, Dr. Dante Mossi, highlighted that this first green bond global issuance, in conjunction with the Cero Emissions Statement and having undergone successfully the process of accreditation with the Green Climate Fund and the Adaption Fund will strengthen CABEI’s capability to enhance resilience in the Central American region.

Source: BCIE