As part of its strategy to diversify funding sources and strengthen its presence in international capital markets, FONPLATA – Development Bank successfully executed a new private placement under its Medium-Term Note (MTN) Program for an amount of USD 32 million. 

The transaction consisted of a 5-year floating-rate note denominated in U.S. dollars, maturing in June 2031 and carrying a coupon of SOFR + 113 basis points. The note was placed with Asian financial institutions, further consolidating FONPLATA’s presence in the region and deepening the diversification of its investor base. 

The transaction marks a further step in the Bank’s ongoing funding cost optimization process. In particular, the most recent comparable 5-year issuance, executed in October 2025, was priced at levels equivalent to SOFR + 130 basis points, implying a 17 basis point improvement. 

With this transaction, and considering the Bank’s 2026 annual funding plan of USD 750 million, cumulative progress has reached approximately 59% of the target, comprising USD 398 million raised in the capital markets and USD 42.2 million in disbursements under credit facilities with other multilateral and official institutions. 

Through this transaction, FONPLATA continues to consolidate its diversified market access strategy, strengthening its financial profile and expanding its ability to mobilize resources on competitive terms to finance sustainable development initiatives in its member countries. 

06/19/2026