BLP has advised CAF (Development Bank of Latin America and the Caribbean), a multilateral financial organization, on its second bond issuance in Costa Rica, amounting to ¢47,250,000,000, equivalent to USD 94 million with a 6.35% coupon and a term of eight years, as structured by Citi and BCR Valores Puesto de Bolsa. With this issuance, CAF consolidates its commitment to supporting capital market development and embracing sustainability and debt management strategies.
BLP provided comprehensive legal advice on regulatory and legal requirements for the issuance authorization before SUGEVAL, prepared all necessary legal documentation that ensured regulatory compliance in the capital markets for public offerings, and advised on the continuous disclosure of financial information and transparency standards, including the corresponding Relevant Events.
Additionally, CAF carried out an additional bond placement for an amount of ¢270,780,000,000 colones of the Republic of Costa Rica for 5 years with a rate of 6.06%.
Partners Pablo Umaña and Julio Castellanos led the transactional team.
