On June 13, following its first foray in March 2023, FONPLATA completed its second private bond issuance in Japan for a total amount of JPY 7.4 billion, equivalent to USD 47.2 million. The transaction, carried out under the Bank's Sustainable Debt Framework (SDF), included the issuance of a 3-year bond for JPY 6.3 billion with an annual coupon of 1.6%, and a 5-year bond for JPY 1.1 billion with an annual coupon of 1.79%.

This transaction is in line with FONPLATA's market diversification strategy, aimed at consolidating stable and competitive funding alternatives. The proceeds will be used to partially finance strategic projects in Argentina, Bolivia, Paraguay, and Uruguay, with a strong focus on food security, employment generation, energy infrastructure, and basic sanitation.

Hence, FONPLATA strengthens its presence in the Japanese market with a transaction aimed at institutional investors and awarded among six leading entities, doubling the participation in the previous operation. Additionally, it spotlights the opportunity to continue deepening the Bank's recent bonds with the Japanese investment community, laying the groundwork for attracting new investors in future issuances.

06/14/2024