Home / Daily Briefs / 2023 / 19 / CAF pitches new benchmark bond

CAF pitches new benchmark bond

CAF pitches new benchmark bond

January 19, 2023 | Hernán Goicochea
South American development bank sets IPTs between 130 and 135 bps over SOFR mid-swaps, source says

Corporate & Sovereign Strategy Bonds Debt CAF Fixed Income Capital Markets South America

South American development bank CAF has opened the initial price talk on a planned three-year bond sale between 130 and 135 basis points over SOFR mid-swaps, a source involved in the deal told LatinFinance. CAF has hired Bank of America, Citi, Deutsche Bank and Goldman Sach to arrange calls with investors and coordinate the benchmark-sized deal, according to the source. "Benchmark for us is a minimum of $500 million. It may be higher than that, however, depending on demand," the source said. "It

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