Central American Bank for Economic Integration $1.35 billion notes offering
The notes are due 2027
Davis Polk advised the initial purchasers in connection with a Rule 144A / Regulation S offering of $1.35 billion aggregate principal amount of 5.000% senior notes due 2027 issued by the Central American Bank for Economic Integration (CABEI).
CABEI is a multilateral development financial institution composed of 15 countries. It was established in 1960 by Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica as founding members and later joined by Panama, the Dominican Republic and Belize as non-founding regional members, and Mexico, Colombia, Argentina, the Republic of China (Taiwan), Spain, Cuba and the Republic of Korea as non-regional members.
The Davis Polk capital markets team included Maurice Blanco, Konstantinos Papadopoulos, Elliot M. de Carvalho and Matt Weaver. The tax team included Michael Farber and Charles Collier. Daniel S. Kahn provided litigation advice. Members of the Davis Polk team are based in the São Paulo, New York and Washington DC offices.