• The meeting in Mexico City marks the beginning of a global roadshow with investors in New York, London and Tokyo

MEXICO CITY – IDB Invest, the private sector arm of the Inter-American Development Bank Group, launched a global roadshow with investors to present its new business model and capital increase recently approved by its Board of Governors. The first event took place this week at the BIVA Stock Exchange in Mexico City and marks the beginning of a global roadshow with investors in New York, London and Tokyo.

The meeting with investors and investment banks that took place at BIVA served as a platform to present IDB Invest's new business model, designed to significantly increase its investments and mobilize capital from the private sector for development projects in Latin America and the Caribbean. The new model, approved by the Boards of Governors of the Inter-American Development Bank (IDB) and IDB Invest in March 2024, includes a capital increase of $3.5 billion for IDB Invest.

Connecting capital markets with the challenges and opportunities of the region

Latin America and the Caribbean faces important global challenges, including climate disasters, deforestation and food security. At the same time, the region offers great opportunities to lead the transition to renewable energy, improve food security on a regional and global scale, and create solutions aimed at sustainability by promoting the growth of the bioeconomy.

Through its bond issuances, IDB Invest connects global capital markets with regional challenges and opportunities to contribute to the creation of a sustainable economy. In total, IDB Invest has issued $13 billion in bonds in markets around the world, including more than $5 billion in green, social and sustainable bonds.

The global tour launched in Mexico City aims to deepen the dialogue with investors around the world about IDB Invest's future plans after the historic decision of its Board of Governors.

Leading the way in sustainable and local currency financing

The beginning of the tour in Mexico is an example of IDB Invest's commitment to promoting the region's capital markets with issuances in local currency. Since its inaugural issuance in 2007, IDB Invest has issued 10 bonds for a total of 18 billion pesos (approximately $1 billion) in the Mexican capital market, of which nearly 60% have been sustainable bonds, mobilizing capital toward projects green, and social.

IDB Invest has been a pioneer in innovative sustainability and social impact bonds, including the issuance of the first gender bond issued by a Multilateral Development Bank in Latin America and the Caribbean, the first blue bond issued in the region and the first silver bond, a social bond to improve the lives of seniors.

“Private investment in Mexico is an engine of growth and the impact we seek is more development, generating a greater number of jobs, being more efficient and competitive and improving the quality of lives of citizens. This new model demonstrates our commitment to the country and our firm determination to deliver tangible results for the region,” said Gloria Lugo, acting representative of the IDB Group in Mexico.

“Local financing is key to a sustainable future. We are proud to play a leading role in developing capital markets in the region and mobilizing global resources for impact projects. We are opening a new path towards sustainable development, by connecting our local market with global capital markets, we add the necessary resources to drive the growth of our region. “This innovative business model presents a unique opportunity for our investors,” said Orlando Ferreira, CFO of IDB Invest.

Presentation of the New IDB Invest Business Model in Investor Meeting

In the words of Orlando Ferreira to the assembled investors: “Thank you very much for your trust and support over all these years. Without your participation in our bond issues, the success and impact of IDB Invest in Mexico and the region would not have been possible. This new capital increase creates the financial basis for the implementation of our new business model and will allow us to increase our capital markets issuances in the future. We continue to count on you to continue our mission of improving lives in Latin America and the Caribbean.”

The event was the start of a global roadshow that will include similar meetings with capital markets participants in New York, London and Tokyo in the coming months.

About IDB Invest

IDB Invest, a member of the Inter-American Development Bank 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 $21 billion in assets under management and 394 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.