BLP has advised CAF – Development Bank of Latin America and the Caribbean on the issuance of Series C1 of the CAF Local Bond Program in Costa Rica, for an amount of ₡35,000,000,000, equivalent to approximately USD67 million, with a 7-year term and an interest rate of 6.18%.
With this new placement, CAF reaffirms its commitment to developing regional capital markets, facilitating access to sustainable financing, and promoting debt management strategies.
BLP provided comprehensive legal counsel on regulatory and compliance requirements before SUGEVAL, preparing the required legal documentation while adhering to transparency and financial disclosure standards applicable to public offerings. This placement is the third CAF bond issuance with BLP’s expert legal advice.
Partners Julio Castellanos and Pablo Umaña led the transaction.