PRESS RELEASE

CAF returns to the international capital market with a new issue for US$1bn

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Thursday, November 2, 2017

Press release by

CAF

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CAF -Bank of development of Latin America- issued a bond of size "benchmark" in the United States for a term of 5 years for a total amount of US$1bn and a coupon of 2.75%. This bond had a demand of US$1.6bn, and an order book with 69 investors. It is the second "benchmark" made in dollars by the institution in 2017, and has Barclays, Deutsche Bank and HSBC as entities that led the placement of the bonds.

"The new bond placement is a good example of CAF's ability to attract funds from international markets to Latin America, with the aim of promoting projects that promote sustainable development, productivity and the region's integration," said Luis Carranza , CEO of CAF.

For more than two decades, CAF has developed a diversification strategy of its financing sources, through an uninterrupted presence in the global capital markets, which have placed it in a privileged position internationally. The resources that come from international markets at competitive rates allow the region to be supported through the financing of projects, the provision of technical cooperation and knowledge products.

Investors' confidence in CAF's debt securities has been reflected in bond placements of approximately USD3,700 million in the course of this year.

This press release was published using an automatic translation system.