October 20, 2021 |
South American development bank CAF has fulfilled its fundraising plans for 2021 after issuing $1 billion in new three-year bonds in its first benchmark-sized transaction in more than a year, Manuel Valdez, head of debt capital markets funding and derivatives at CAF, told LatinFinance on Tuesday.
"With this transaction, we've issued in bonds a total of $4.5 billion and completed our funding for the year," Valdez said.
The new 2024 SOFR-based notes carried a coupon of 1.25% and priced at 99.666 t
South American development bank rounds out bond sales with $1 bln in 2024 notes in its first benchmark-sized issue in more than a year