July 7, 2022 |
South American development bank CAF sold €500 million ($509 million) worth of five-year bonds in euros on Wednesday to cover general corporate purposes, said Manuel Valdez, head of debt capital markets and derivatives at CAF.
The new 2027 notes carried a coupon of 2.375% and priced at 99.73 to yield 2.433%, or 90 basis points over mid-swaps, in line with guidance, Valdez told LatinFinance.
Orders reached as much as €780 million with Barclays, BBVA, BNP Paribas and Goldman Sachs as bookrunners, h
South American development bank prices $509 mln in five-year notes to yield 2.43%, head of debt capital markets says