IDB Invest boosts access to financing through BAC Guatemala bonds

Banco de América Central, S.A. (BAC Guatemala) has announced the issuance of sustainable bonds for a sum up to 110-million dollars in order to strengthen credit for micro, small and medium-sized enterprises (MSMEs), especially those led by women and supporting sustainable projects in Guatemala.

This issuance is part of BAC Guatemala’s bond program, which has a total issuance capacity of up to 500 million dollars. The transaction is structured in two tranches: i) subscribed by IDB Invest as anchor investor for up to 100 million dollars, and ii) placed with local investors for 10 million dollars. The tranche subscribed by IDB Invest is aligned with the Social, Green, and Sustainable Bonds Principles established by the International Capital Market Association (ICMA), ensuring transparency, traceability, and measurable impact.

Additionally, IDB Invest will provide technical advice to strengthen BAC Guatemala’s value proposition in green and social segments, developing a thematic portfolio management system, and improving its Environmental and Social Management System (ESMS).