Shearman & Sterling represented the Central American Bank for Economic Integration (CABEI) in connection with its inaugural green bond offering of $375 million of floating rate notes due 2024. Crédit Agricole and Standard Chartered acted as structuring advisors and joint bookrunners. The notes were dual-listed in Luxembourg and Taiwan.
CABEI is an international, multilateral development financial institution. Its resources are continuously invested in projects that foster development to reduce poverty and inequality; strengthen regional integration and the competitive insertion of its member countries in the global economy; providing special attention to environmental sustainability.