| Project Detail |
The Project consists in the issuance of a sustainable senior unsecured bond, denominated in United States of America dollars (“US$”), issued in the Guatemalan capital market by Banco de América Central S.A. (the “Bank”) through a Bond Issuance Program for up to US$500 million. The first issuance will be for up to US$140 million, with IDB Invest potentially subscribing about US$70 million.
The bond will have a term of up to five years, including a grace period of up to 24 months. It is expected to be publicly offered and locally regulated. Other co-investors are expected to participate in further subscriptions under the same program. |
