E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/30/2018 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.

Fitch rates Cabei notes A+

Fitch Ratings said it assigned an A+ rating to Central American Bank for Economic Integration (Cabei)’s senior unsecured CHF 200 million fixed-rate notes due September 2024.

Proceeds will be used for general business purposes.

The agency does not deem the impact on Cabei's leverage of this issuance as significant.

Fitch said the bond's rating is aligned with the bank's A+ long-term issuer default rating, as it constitutes a senior unsecured obligation that ranks pari passu with all other unsubordinated and unsecured Cabei obligations.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.