CAF sets up dollar bond sale

CAF sets up dollar bond sale

Bonds Debt Capital Markets Fixed Income Mexico

Latin American development bank CAF has hired Citi, Daiwa, GSI and Nomura to lead jointly the sale of five-year US dollar-denominated notes on Tuesday, a source involved in the deal said. The leads opened the initial price talk around 135 basis points over mid-swaps on Monday, the source said. This will be a benchmark transaction. In August, CAF printed CHF350 million ($383 million) worth of green bonds in the Swiss market. In July it sold ¥17.2 billion ($160 million) worth of five-year Samurai

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