CAF Readies $1bn World Cup Fund

CAF Readies $1bn World Cup Fund

Bonds Structured Finance

CAF is teeing up a $1bn fund to help Brazilian subnational entities, such as states and municipalities, finance projects linked to the 2014 World Cup, to be held in the country. Moira Paz-Estenssoro, CAF's Brazil representative, tells LatinFinance the funds will be directed at improving the touristic capacity of Brazil's hosting cities, including security and critical urban developments, as well as supporting and financing PPPs related to the Cup. Once the subnational governments can obtain a gu

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