The Development Bank has successfully closed a private placement for JPY 7.2 billion (equivalent to USD 54 million). The issue, purchased by Japanese institutional investors, includes two tranches: a 5-year tranche (maturing in March 2028) and a 6.5-year tranche (maturing in October 2029).

This is FONPLATA's first operation in the Japanese capital market. The securities were issued under the Sustainable Debt Framework, reaffirming the Bank's commitment to promote a future that generates economic development and creates a positive social and environmental impact as well.

The operation was conducted within FONPLATA’s strategy to diversify its sources of financing. Carried out in a volatile and challenging market, it shows the support given by the investment community to FONPLATA, a Bank with one of the best credit ratings in Latam (A by S&P and A2 by Moody's).

03/17/2023