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BAC Guatemala Sustainable Bond

Sector: Financial Institutions • Location: Guatemala

Source: Inter-American Development Bank (IADB)

Project
In Implementation

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 byBanco 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 wi

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The project “BAC Guatemala Sustainable Bond” is an infrastructure initiative in the Financial Institutions sector, located in Guatemala. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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in implementation

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Description

Description

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 byBanco 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.

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Source reliability

High

Data quality score

100%

Source

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URL

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