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Published on 5/21/2014 in the Prospect News Emerging Markets Daily.

Venezuela's CAF sets talk for seven-year euro benchmark notes; pricing expected Wednesday

By Christine Van Dusen

Atlanta, May 21 - Venezuela's Corporacion Andina de Fomento set talk at mid-swaps plus 85 basis points to 90 bps for its upcoming euro-denominated issue of benchmark-sized notes due in seven years (Aa3/AA-/AA-), a market source said.

BBVA, Credit Agricole CIB, Credit Suisse, Deutsche Bank and HSBC are the bookrunners for the Regulation S deal.

Corporacion Andina de Fomento is a lender based in Caracas, Venezuela.


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