CAF – Development Bank of Latin America
CAF in the past, present and future
CAF – Development Bank of Latin America (CAF) is about to celebrate its 50th anniversary. Gabriel Felpeto, chief financial officer at CAF in Bogotá, reflects on the supranational’s evolution as a lender, recaps its emergence as Australia’s first Latin American issuer, and discusses the development of green and social bonds. CAF has been active in the Kangaroo market since 2013, and now has more than A$1.3 billion (US$930.3 million) on issue (see chart).
SSA market embraces diversity to welcome CAF back with all-time biggest deal
The early weeks of 2024 welcomed record deal flow in the supranational, sovereign and agency Kangaroo market, but with the large majority of supply coming from the sector’s biggest and most frequent issuers. CAF – Development Bank of Latin America has demonstrated the market’s willingness to engage with a more diverse issuer by pricing its largest transaction in Australian dollars and its first of benchmark size since 2018.
CAF prints A$500 million 2029 Kangaroo
CAF launches five-year Kangaroo bond
CAF mandates five-year Kangaroo
CAF prints A$50 million new October 2033 Kangaroo bond
SSA Yearbook 2023
The annual guide to the world's most significant supranational, sovereign and agency sector issuers.