With this transaction, CAF -Development Bank of Latin America- successfully launches its 2017 activity in capital markets

CAF -Development Bank of Latin America- issued a five-year benchmark bond today in Europe with a 0.50% coupon for a total of EUR 750 million.

One third of the orders came from central banks and official institutions of several countries, the rest were originated by asset managers, insurers, banks and pension funds.

'We are pleased to start the year by bringing international market funds closer to Latin America in order to foster projects that promote sustainable development, productive transformation and regional integration. This issuance ratifies the trust and the interest that investors have in CAF bonds, which means good news for the Institution's 19 shareholder countries', declared Enrique García, CAF's Executive President.

CAF's first debt paper issuance in the year is added to three other benchmark bonds in euros. The Development Bank of Latin America promotes sustainable development and regional integration through an efficient allocation of resources for the timely delivery of multiple financial services, of high added value, to the shareholder's clients in the public and private sector.

CAF - Corporación Andina de Fomento published this content on 18 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 January 2017 21:56:02 UTC.

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