CAF Continues Diverse Funding Amid Volatility

CAF Continues Diverse Funding Amid Volatility

Venezuela Asia Europe Bonds

Regional development bank CAF has landed bond transactions in Switzerland and Hong Kong. The Andean development bank issued a CHF175m ($180m) 2.5-year floating-rate bond at par with a coupon of 3-month Libor+145bp. The price represents a 20bp increase from its last issuance, of CHF125m in February. CAF CFO Hugo Sarmiento tells LatinFinance that while spreads have widened due to volatility, the conservative Swiss market is open to a few select issuers, and represents geographic and investor diver

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