The Inter-American Investment Corporation (IIC), founded in 1986 and headquartered in Washington, D.C., serves to foster private sector development in Latin America and the Caribbean. As an entity of the Inter-American Development Bank (IDB), the IIC focuses on providing financial support to businesses and facilitating investments that contribute to sustainable economic growth in the region.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The IIC commenced its bond issuance program in 1997, aiming to raise capital to support its development projects. Notably, the corporation achieved significant milestones in 2020 by issuing a landmark $500 million bond, which was oversubscribed, highlighting investor confidence. Current yields on IIC bonds often compare favorably to similar instruments in the region, reflecting strong financial health and steady demand. Additionally, IIC bonds typically feature unique sustainability criteria, aligning investment with environmental and social governance (ESG) principles, making them attractive in today's market.