Shearman & Sterling represented the Central American Bank for Economic Integration (CABEI) on its $750 million notes offering. This deal represented the largest deal in CABEI’s history and CABEI’s return to the 144A market after eight years.

This offering follows CABEI’s inaugural “green bond” offering in November 2019. Shearman & Sterling represents CABEI on a number offerings each year in markets and currencies throughout the world.

Citigroup, Credit Agricole CIB and HSBC advised on the transaction.

CABEI is an international multilateral development financial institution. The bank’s objective is to promote the economic integration and the balanced economic and social development of the Central American region.

Shearman & Sterling has an unparalleled track record in Latin America by combining a global footprint, 100 years of playing an active role in the region’s economic development, and on-the-ground capability. Financial institutions, foreign and domestic companies and governments trust us with groundbreaking transactions, litigation, regulatory matters and investigations in the region spanning a wide range of industries, including banking, retail, telecommunications and media, energy, natural resources and infrastructure transactions.

The Team