Venezuela’s Corporacion Andina de Fomento to sell dollar notes

By Christine Van Dusen

Atlanta, May 3 – Corporacion Andina de Fomento (CAF) is looking to issue dollar-denominated notes, according to a company filing.

BofA Merrill Lynch, Citigroup and HSBC are the bookrunners for the Securities and Exchange Commission-registered deal.

The proceeds will be used for general corporate purposes, including funding lending operations.

The issuer is a lender based in Caracas, Venezuela.

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