CAF launches minimum A$50 million increase to September 2027 Kangaroo

On 27 November, CAF – Development Bank of Latin America (CAF) (AA-/Aa3/AA-) launched a minimum A$50 million (US$38.1 million) increase to its September 2027 Kangaroo, via Nomura. Indicative price guidance for the forthcoming tap issue is 138 basis points area over semi-quarterly swap, equivalent to 145 basis points area over Australian Commonwealth government bond. The deal is expected to price on 28 November.