CAF makes new bond issuance in the European market
CAF- development bank of Latin America announced a new public issue of bonds in the European market of EUR 750 million, with a 5 year term. This operation confirms the institution as one of the most common and recognized Latin American issuers in this prestigious market.
"This new transaction demonstrates the catalytic role of CAF to attract funds to Latin America, with the purpose of promoting greater investment and better financing for developing the countries of the region", said Enrique García, executive president of CAF.
The high quality of the order book, which reached EUR 1.2 million, involved more than 100 supranational traditional investors, including central banks and other official institutions, should be noted. The placement banks of the issue were BoAML, Credit Agricole CIB, Credit Suisse and HSBC.
CAF is among the debt issuers in Latin America with the highest qualifications being recognized for their financial indicators, solid legal structure and the permanent commitment of its shareholder countries.
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