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Published on 1/19/2017 in the Prospect News Emerging Markets Daily.

New Issue: Venezuela’s CAF prices €750 million ½% notes due 2022

By Christine Van Dusen

Atlanta, Jan. 19 – Venezuela's Corporacion Andina de Fomento (CAF) priced a €750 million issue of ½% notes due in 2022, according to a company announcement.

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

Other details were not immediately available on Thursday.

CAF is a development bank based in Caracas.

Issuer:Corporacion Andina de Fomento (CAF)
Amount:€750 million
Maturity:2022
Description:Notes
Coupon:½%
Trade date:Jan. 18

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