CIBC Caribbean, formerly CIBC FirstCaribbean, was domestic lead arranger of Barbados’s 2022 Blue Bonds conversion and lead arranger of the country’s 2024 debt-for-climate-resilience operation [MS].
Right of reply
This page describes CIBC Caribbean only through its published statements and the public records of the deals listed. CIBC Caribbean has not yet been invited to comment. Responses and corrections will be recorded here with their date. On register pages, [MS] marks a claim that rests only on the institution’s own statement or on statements by parties to the same deal.
In the register
The register follows instruments whose terms depend on a verified ecological outcome, the broad family of the performance-based bond. The register index explains its tiers, roles and claim tags.
| Deal | Year | Family | Role | Amount | Claim |
|---|---|---|---|---|---|
| Barbados Blue Bonds conversion | 2022 | Debt-for-nature conversion | Domestic lead arranger | About US$150m | [MS] |
| Barbados debt-for-climate-resilience conversion | 2024 | Adjacent | Lead arranger | Freed US$125m | [MS] |
The 2024 operation funds a sewage plant and water reclamation, with sustainability-linked targets and penalties paid into the Barbados Environmental Sustainability Fund, so the register treats it as adjacent [MS]. The register places CIBC Caribbean in Tier 3 as a regional bank arranging deals at home; its parent is Canadian.
Related
- Nature Performance Bond Investor Register
- Credit Suisse
- Inter-American Development Bank
- Nuveen
- The Nature Conservancy
References
- The Nature Conservancy, Barbados Blue Bonds debt conversion
- EIB, Barbados launches first debt-for-climate-resilience operation (2024)
- Swissinfo/Bloomberg, UBS moves into debt swap market
Provenance
Drafted on 15 October 2026 from the research brief Nature performance bond investors.md, compiled the same day from five research strands: outcome-linked and sustainability-linked bonds, environmental impact bonds, debt-for-nature conversions, insurers and reinsurers, and the largest asset managers with their regulatory context. Claim tags follow the brief, which never upgraded a claim without a source and lowered to [MS] any claim a research note had graded [IC] on the strength of a company’s own release. The headquarters country in based_in comes from general knowledge unless a deal record states it, and is to be confirmed. The brief’s search had limits: fund holdings filings, municipal bond disclosures and the Oxford INDIGO and Brookings impact bond databases were not searched, so a deal missing from this page may exist.