CIBC Caribbean arranged ‘record-setting’ transactions across region in 2025

CIBC Caribbean arranged more than US$3.5 billion in financing transactions across the Caribbean in 2025, underscoring the Canadian-owned bank's growing dominance in the region's corporate and investment banking market amid a year of renewed capital activity.

“CIBC Caribbean delivered an exceptional performance, arranging over US$3.5 billion in transactions during the past year,” stated CIBC in a recent advertisement.

The bank that operates across the region described the performance as “record-setting collaboration and growth”. The main projects are diversified with particular emphasis on “next-generation infrastructure and sustainable economic diversification”. 

The headline transaction was a US$1.6 billion syndicated term facilities arrangement for Staatsolie Maatschappij Suriname, the state-owned oil company of Suriname. A separate Eurobond issuance of US$1.067 billion for the Government of The Bahamas, on which CIBC acted as joint bookrunner, closed in June 2025.

Other mandates included a US$525 million senior unsecured notes offering for Trinidad Generation Unlimited; a US$327.2 million syndicated term facility for Aqualectra, the Integrated Utility Holding of Curaçao; and a US$183 million senior term loan for the Cayman Islands Government. The Government of Barbados closed a BD$593 million sustainability-linked term loan. Healthcare, hospitality and infrastructure rounded out the portfolio, including a US$120 million facility for Health City Cayman Islands, a syndicated facility for Sandals Resorts International, and a US$70 million term loan for Plenary Airports. 

CIBC Caribbean made US$159.7 million profit for its October 2025 year end, down from US$277 million a year earlier.

business@gleanerjm.com