CAF Upsizes Kangaroo Sale

CAF Upsizes Kangaroo Sale

Venezuela Bonds Australia

Corporacion Andina de Fomento (CAF) took advantage of additional investor interest to add AUD75m ($67m) to its new Kangaroo bond Tuesday, taking the outstanding size to AUD350m, Gabriel Felpeto, CAF’s director for financial policies, tells LatinFinance. The AA minus/Aa3/A+ rated supranational lender priced the additional 2016s at 99.443 with a 4.25% coupon to yield 4.45%, or mid-swaps plus 135bp. The transaction is not a reopening, the official explains – it is not uncommon in the Australian mar

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