Fonplata preps Swiss bond sale

Fonplata preps Swiss bond sale

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Fonplata, the regional development bank for the Río de la Plata basin in South America, started calling investors on Tuesday, looking to sell bonds in Swiss francs in a benchmark-sized transaction as early as this week, sources told LatinFinance. Credit Suisse is the sole bookrunner on the planned debt sale, according to sources. Moody's affirmed Fonplata's A2 long-term issuer rating with a stable outlook in December, citing the development bank's "high capital adequacy" and strong liquidity pos

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