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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.
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