CAF lines up issue for Uruguayan railroad

CAF lines up issue for Uruguayan railroad

Capital Markets Project & Infrastructure Finance Debt Funds Uruguay Venezuela

South American development bank CAF plans to issue roughly $350m in debt fund share certificates to finance investments in a railroad project in Uruguay. CAF's asset management division, CAF AM, will sell the certificates in inflation-linked Unidades Indexadas, or UIs, by the end of September, the development bank said in a statement. CAF AM will offer the certificates to retail investors, large investors and institutional investors on the BEVSA stock exchange in Montevideo, CAF said.  Grupo Vía

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