The Development Bank of Latin America, CAFsaid Thursday that he made a bond placement for 800 million dollars for the plans of economic and social reactivation of the countries of Latin America and the Caribbean.
The bond issue, which matures in three years, is added to two previous placements of paper that the institution carried out this year in euros and dollars for a period of five years.
Latin America and the Caribbean have a financially solid CAF thanks to the commitment of its shareholders with the approved capitalization of 7,000 million dollars,” said CAF’s executive president, Sergio Díaz-Granados, in a statement.
He added that with the new resources they will continue to “support governments” when they need them most.
In the statement, CAF He noted that investor demand in the US market reached $1.1 billion, mainly from fund managers, central banks, commercial banks and pension funds from the Americas, Africa, Asia, Europe and the Middle East.
The placement banks for the issue were Barclays, Citigroup, Daiwa Capital Markets and JP Morgan, CAF said.
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