On February 21st FONPLATA successfully executed a new private placement for USD 40 million, marking the second transaction under its Medium-Term Note (MTN) Program, which was registered in November 2024. 

The issuance, with a 5-year tenor and referenced to the Secured Overnight Financing Rate (SOFR), was allocated to investors in Asia and Europe, reflecting the growing interest of the investment community in the Bank. This is FONPLATA’s second USD-denominated issuance following the February 10 transaction, where it issued a 3-year note for USD 40 million, also linked to the SOFR rate. 

This transaction reinforces FONPLATA’s strategy of diversifying its funding sources, strengthening its presence in the capital markets, and enabling it to continue providing competitive and sustainable solutions to its member countries. 

02/21/2025