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Venezuela’s CAF talks three-year dollar notes to yield 75 bps area over mid-swaps
By Rebecca Melvin
New York, Feb. 6 – Corporacion Andina de Fomento (CAF) set initial price thoughts on its three-year dollar-denominated global notes to yield mid-swaps plus 75 basis points. Final pricing was expected later Wednesday, according to a market source.
Barclays, Goldman Sachs International, HSBC and JPMorgan are the joint bookrunners of the deal.
Caracas, Venezuela-based CAF is a development bank whose charter includes stimulating sustainable development and regional integration by financing projects in the public and private sectors.
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