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Published on 12/7/2015 in the Prospect News Emerging Markets Daily.

New Issue: Honduras’ Cabei prices CHF 55 million tap of 0.194% notes due 2021 at 68 bps spread

By Christine Van Dusen

Atlanta, Dec. 7 – Central American Bank for Economic Integration priced a CHF 55 million add-on to its 0.194% notes due Nov. 19, 2021 (A1/A/A) at 99.576 to yield mid-swaps plus 68 basis points, a market source said.

UBS was the bookrunner for the deal.

Cabei is a microfinance lender based in Tegucigalpa, Honduras.

Issuer:Central American Bank for Economic Integration
Amount:CHF 55 million
Maturity:Nov. 19, 2021
Description:Senior notes
Bookrunner:UBS
Coupon:0.194%
Price:99.576
Spread:Mid-swaps plus 68 bps
Trade date:Dec. 7
Settlement date:Dec. 17
Ratings:Moody's: A1
Standard & Poor's: A
Fitch: A

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