CAF Reaffirms Presence in Japanese Bond Market
Latin America will enjoy new resources, hoping to boost its economic and social reactivation thanks to the successful issuance of Samurai bonds in the amount of $300 million.
CAF- Development Bank of Latin America has issued three Samurai bonds in the Japanese market in the amount of $300 million divided into two placements, one with five years’ maturity and a 0.35-percent coupon, and another for seven years with a coupon of 0.45 percent.
"With the confidence of Asian investors we can once again consolidate ourselves as a relevant issuer in a market that is critical to the diversification of funding sources,” CAF executive president Luis Carranza Ugarte said, and added that the financial move also helps strengthen the institution in order to remain an “unconditional partner of member countries to improve the well-being of the population, sustainable development and regional integration.”
CAF reaffirms its presence in the Japanese market - an unusual move for Latin American issuers - with an issue that included parts aimed at both institutional investors and minority investors, and which had, SMBC Nikko as its positioningagent.
CAF has been engaged in a diversification strategy for its financing sources for the past three decades, through an uninterrupted presence in global capital markets, which has given it a privileged position internationally. The bank promotes sustainable development and regional integration through efficient funds mobilization for the timely provision of high-value-added multiple financial services to clients in the public and private sectors of shareholder countries.
CAF's more recent content
CAF, ECLAC, IDB and PAHO Promote Sustainable Development in the G20
The Regional Organizations of the Americas congratulate Brazil on its successful G20 Presidency, highlighting its leadership on key issues such as poverty, governance, and climate change. They also reaffirm their commitment to actions that promote equity and development in the region.
Urgent Call for Action to Safeguard Caribbean SIDS at CAF Symposium
As the global community grapples with the escalating climate crisis, Caribbean Small Island Developing States (SIDS) are running out of time to secure critical investments and support needed to strengthen their economies and protect vulnerable communities from the intensifying impacts of climate change. With the window to take decisive action rapidly shrinking, CAF - Development Bank of Latin America and the Caribbean, in partnership with the Commonwealth Secretariat and the Antigua and Barbuda High Commission, brought together key stakeholders for a symposium in London to address the critical vulnerabilities Caribbean SIDS face.