November 1, 2021 |
Fonplata, the regional development bank for the Río de la Plata basin in South America, is looking to sell CHF100 million to CHF150 million ($109 million to $164 million) worth of seven-year bonds in the Swiss market as early as Monday, a source involved in the deal told LatinFinance.
Fonplata started calling investors on Friday with Credit Suisse as the sole bookrunner on the sale, the source said.
S&P Global Ratings upgraded Fonplata to A from A- in September, saying the development bank h
Regional development bank could raise up to $164 mln in its second trip to the Swiss bond market this year