LONDON - IDB Invest, the private sector arm of the IDB Group, launched a new $1 billion 5-year bond under its Global Debt Program, achieving its tightest-ever spread to expand financing for companies operating in Latin America and the Caribbean.

The new launching marked IDB Invest's first public transaction in the US dollar market this year, providing a new on-the-run point on their US dollar curve in the 2031s maturity bucket. The operation had a robust orderbook of $2.45 billion, broad participation across geographics and investors, and the tightest-ever spread for the institution.

"This transaction is a new milestone for IDB Invest, achieving our tightest-ever spread to U.S. Treasuries, a clear reflection of the confidence the global investor community places in our institution and its mission,” said Orlando Ferreira, CFO of IDB Invest.

"The result underscores the strength of IDB Invest's credit story and our commitment to maintaining a diversified and efficient funding strategy. This strong vote of confidence from global investors fuels our mission to drive sustainable development across Latin America and the Caribbean,” added Ferreira.

This successful transaction reflects IDB Invest's strong credit profile, established presence in international markets, and focus on supporting private sector development in Latin America and the Caribbean.

Goldman Sachs, J.P. Morgan, Nomura, and Scotiabank were the joint bookrunners on the deal, offering praise on the results of the issuance:

Dorothee Amar, Co-Head of SSA, Goldman Sachs: "Congratulations to the IDB Invest team on their first $ benchmark of 2026! Robust orderbook dynamics enabled IDB Invest to reach their tightest spread level to treasuries ever and is a reflection of IDB's strong credit quality as well as the excellent global investor support that they command."

Matthew Dawes, Executive Director, Syndicate, J.P. Morgan: “Many congratulations to IDB Invest on this very well-executed transaction. Extending their USD benchmark curve at their tightest ever spread to Treasuries is a hugely impressive outcome, particularly in the current market backdrop and is a true testament of the high value that investors place upon the credit.”

Spencer Dove, Managing Director, Head of SSA DCM, Nomura: “With today’s new 5-year benchmark transaction IDB Invest continues to build both its USD benchmark curve and reputation within the Global MDB community.  With a final T-spread of CT5+8.8, this deal represents the issuers tightest ever spread to govvies. The orderbook showed broad based investor appetite with granular distribution across regions and account type reflecting the continued dedication to investor engagement form the IDB Invest team. Today’s trade represents a fantastic achievement against such a volatile geopolitical backdrop and an extremely congested primary market pipeline.”

Cesare Roselli, Global Head of SSA origination, Scotiabank: "Congratulations to the IDB Invest team on a successful return to the USD market with a five-year, USD 1bn issuance. The high quality of the orderbook is a testament to IDB Invest's strong credit and investor following in the SSA market. Scotiabank was pleased to be involved in this transaction.” 

Terms of Transaction 

About IDB Invest  

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: www.idbinvest.org/en.