CAF reaps record orders in largest bond deal

CAF reaps record orders in largest bond deal

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

South American development bank CAF reaped a record level of orders in its return to the international bond market on Thursday, issuing $1.5 billion in three-year notes as demand reached $2.25 billion, said Manuel Valdez, the head of capital markets and derivatives at the development bank. "This was the largest transaction in CAF's history and also the largest order book," Valdez told LatinFinance. "The transaction was carried out at a time when the markets were very positive and after the recen

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