By Reshmi Basu
New York, April 28 - Corporacion Andina de Fomento priced $250 million of 10-year bonds (A2/A) at 99.992 with a 5 1/8% coupon to yield 5.126% or 95 basis points over Treasuries, according to a market source.
Merrill Lynch was the bookrunner for the deal.
Corporacion Andina de Fomento, which has headquarters in Caracas, Venezuela, is a multilateral regional bank for Andean development and integration.
| Issuer: | Corporacion Andina de Fomento (CAF)
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| Amount: | $250 million
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| Maturity: | May 5, 2015
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| Coupon: | 5 1/8%
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| Issue price: | 99.992
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| Yield: | 5.126%
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| Spread: | 95 basis points over Treasuries
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| Pricing date: | April 28
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| Settlement date: | May 5
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| Bookrunner: | Merrill Lynch
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| Ratings: | Moody's: A2
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| Standard & Poor's: A
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