Honduras’ Cabei gears up for dollar-denominated benchmark offering

Chicago, Jan. 17 – Central American Bank for Economic Integration (Cabei) is collecting indications of interest for a Thursday offering of dollar-denominated senior notes due Jan. 25, 2027 (Aa3/AA), according to a bank source.

The notes have initial talk in the mid-swaps plus 125 basis points area.

HSBC is handling billing and delivery for the Rule 144A and Regulation S deal. Joining HSBC as bookrunners are BofA Securities, BNP Paribas and Daiwa.

The notes will be listed in both Luxembourg and London.

Settlement is expected on Jan. 25.

Cabei is a microfinance lender based in Tegucigalpa, Honduras.

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