CAF makes new issue in the Swiss market for 200 million CHF

CAF - development bank of Latin America - carried out a new issue on the Swiss market by 200 million CHF (equivalent to 203 million USD) for a term of 8 years. The placement was placed at a rate of 0.45% making CAF the third largest issuer in the supernational category in this exclusive European market.

The issue was sued by central banks, government agencies, bank treasuries, and fund managers at a global level, in the United States, Europe, Asia, and Latin America. The operation, with the participation of more than 59 investors, included domestic investors, pension funds, insurance companies, and private banks.

"This new issue in the Swiss market strengthens the catalytic role of CAF, with the purpose of generating increased investment and better funding for its shareholder countries," said Enrique García, executive president of the institution.

CAF has carried out, for more than two decades, a strategy for diversification of their funding sources, through an uninterrupted presence in the global capital markets, which have placed it in a privileged situation internationally. Currently, 90% of its resources for the development of Latin America come from extra regional sources.