MADRID, 14 May. (EUROPA PRESS) –
The Development Bank of Latin America (CAF) has closed a bond issue in Mexico worth 1,437 million Mexican pesos (60 million euros) for ten years and an interest of 3.54% subject to inflation.
The placement has been structured by BBVA and has had a prominent participation of institutional investors, insurance companies and pension funds.
“We are pleased to return to the local market after ten years, having Mexico as a full member of CAF. This successful issuance will allow us to channel more resources to this country and the region in general, with the purpose of continuing to support them in their care plans and social and economic recovery to overcome the pandemic “, stressed the interim executive president of CAF, Renny López.
The multilateral organization closed 2020 with a record of more than 14,000 million dollars (11,564 million euros) in loan approvals, the majority destined to address the effects of the pandemic on the economy and health systems, as well as improve digital, terrestrial and energy infrastructures.
The institution has highlighted its strategy of diversifying sources of financing over three decades, through an “uninterrupted” presence in global capital markets, “which have placed it in a privileged position internationally.”
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