Clifford Chance

Clifford Chance advises on record US$1.75 billion bond issuance by CAF

Global law firm Clifford Chance has advised BofA Securities, Inc., Daiwa Capital Markets Europe Limited, Goldman Sachs International and HSBC Securities (USA) as the underwriters in Latin American development bank Corporación Andina de Fomento's (CAF) US$1.75 billion 6% notes offering due 2027. This is CAF's largest US dollar issuance to date.

The Clifford Chance team comprised partner Jonathan Zonis and associates Emely Luna, Alexandra Machado and Alessia Saracino in New York.

Clifford Chance advises on many landmark transactions in the Latin American market. The firm recently advised on the US$1.5 billion bond issuance by CAF, previously its largest issuance.