CAF Lands HKD Debut

CAF Lands HKD Debut

Venezuela Asia China Bonds

Regional development bank CAF has raised HKD400m ($51m) through its first-ever bond sale denominated in Hong Kong dollars. The Venezuela-based lender priced the 2022 bond at par with a 4.03% coupon. “We achieved a funding level substantially lower than our USD secondary markets and this deal represents the longest bond ever in the Hong Kong dollar bond market by a Latin America-based investor,” Gabriel Felpeto, the bank’s director of finance and capital markets, tells LatinFinance. HSBC managed

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial