Basil Al-Jafari and Roderick Branch

L&W represents CAF in €1.5bn bond placement

Latham & Watkins has represented CAF, Development Bank of Latin America and the Caribbean, in the placement of a €1.5bn benchmark bond with a term of six years and a coupon of 3.625%.

This issue achieved the highest demand in CAF’s 30-year history in the capital markets, for an amount of almost 6.6 billion euros.

CAF is a multilateral financial institution that seeks to foster and promote the economic development of Latin America and the Caribbean. Its principal shareholders and partners include 18 sovereign nations from across Latin America and the Caribbean, together with Spain and Portugal.

L&W’s team was led by partners Basil Al-Jafari (pictured left) and Roderick Branch (pictured right).

L Giselle Estrada