CAF sells bonds in euros

CAF sells bonds in euros

International Financial Institutions CAF Bonds Debt Fixed Income Capital Markets South America

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

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