The bond issue, which matures in three years and with a coupon of 5.250%, It is added to two previous placements of papers that the institution carried out this year in euros and dollars for a period of five years.
“Latin America and the Caribbean have a financially solid CAF thanks to the commitment of its shareholders with the approved capitalization of 7,000 million dollars”, CAF executive president Sergio Díaz-Granados said in a statement. He added that with the new resources they will continue to “support governments” when they need them most.
In the statement, CAF pointed out that the demand from investors in the US market reached 1.1 billion dollars, mainly from fund managers, central banks, commercial banks and pension funds from America, Africa, Asia, Europe and the Middle East.
The issuance placement banks were Barclays, Citigroup, Daiwa Capital Markets and JP MorganCAF said.
Source: Ambito
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