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CABEI taps Hong Kong market with HK$400M bond

Banco Centroamericano de Integración Económica, or CABEI, sold HK$400 million of bonds in its third-ever offering on the Hong Kong market.

The seven-year bonds, which carry a 3.27% coupon, follow CABEI offerings in Hong Kong in 2006 and 2013.

"CABEI continues to expand its presence in international markets in order to attract competitive resources for the development of Central America," Nick Rischbieth, a CABEI executive president, said in a Jan. 26 statement.