CIBC Caribbean brokers more than US$3.5 billion in regional finance deals in 2025

CIBC Caribbean put together financing worth more than US$3.5 billion across the Caribbean during 2025, a tally that points to the Canadian-owned institution’s deepening footprint in regional corporate and investment banking as capital markets picked up again.

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

The group, which serves markets throughout the region, framed the year as one of “record-setting collaboration and growth”. Its deal book was spread across sectors, with a stated focus on “next-generation infrastructure and sustainable economic diversification”.

The largest single mandate was a US$1.6 billion syndicated term-facilities package for Staatsolie Maatschappij Suriname, Suriname’s state-owned oil company. CIBC also served as joint bookrunner on a US$1.067 billion Eurobond for the Government of The Bahamas, which priced in June 2025.

Other completed work included a US$525 million senior unsecured notes issue for Trinidad Generation Unlimited; a US$327.2 million syndicated term facility for Aqualectra, the integrated utility holding company in Curaçao; and a US$183 million senior term loan for the Cayman Islands Government. Barbados’s government closed a BD$593 million sustainability-linked term loan.

Healthcare, hospitality and infrastructure deals filled out the portfolio. Among them were 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.

Separate from the transaction pipeline, CIBC Caribbean reported profit of US$159.7 million for the financial year ended October 2025, compared with US$277 million in the prior year.