Clifford Chance counsels on CAF’s $1.75bn record bond issue

Clifford Chance has counselled the underwriters on the USD $1.75 billion 6% Notes due 2027 offering of Latin American development bank Corporación Andina de Fomento (CAF).

This is CAF’s largest dollar issuance to date.

BofA Securities, Daiwa Capital Markets Europe Limited, Goldman Sachs International and HSBC Securities (US) acted as underwriters.

Clifford Chance’s team comprised partner Jonathan Zonis (pictured) and associates Emely Luna, Alexandra Machado and Alessia Saracino in New York.