February 4, 2022 |
South American development bank prints $63 mln in yen-denominated notes after raising $650 mln in the dollar market
CAF has gone to the international debt markets on two other occasions this year. It sold $650 million worth of five-year dollar-denominated notes on Tuesday and raised CHF360 million last month in the second sale of green bonds in the Swiss market. It also printed $1 billion in three-year notes in October last year.
Fitch Ratings affirmed CAF's A+ rating last month and improved the outlook to positive from stable, citing a large capital increase by the development bank and the "favorable dynamics" of its loan portfolio.