July 1, 2020 |
Latin American development bank CAF plans to issue five-year Samurai bonds in early July, according to a document filed with the Japanese securities commission SESC on Tuesday.
CAF has not settled on the size of the deal, but it has set a target range of 0.4% to 1% for the coupon for the new 2025 notes, it said in the filing. It also said it hired the Japanese investment bank Daiwa as the sole lead manager on the bond sale.
The bank will use the proceeds for general corporate purposes, a source
Latin American development bank hires Daiwa to market the new 2025 notes to Japanese investors