As part of its strategy to diversify funding sources and further strengthen its presence in international capital markets, FONPLATA – Development Bank successfully executed a new private placement under its Medium-Term Note (MTN) Program and Sustainable Debt Framework, marking the institution’s first-ever euro-denominated bond issuance. 

The transaction consisted of a EUR 100 million issuance (equivalent to approximately USD 116.3 million), maturing in June 2036, with an annual coupon of 4.00% and a yield of 4.28%. The notes were primarily acquired by an international investment bank acting through its European platform, with the intention of subsequent distribution among institutional investors focused on sustainable financial instruments. 

Following this issuance, FONPLATA’s cumulative market funding volume for 2026 reaches approximately USD 408 million, equivalent to around 55% of the institution’s annual funding target for the year (USD 750 million). 

FONPLATA’s Vice President of Finance, Matías Mednik, stated: “This transaction marks another important step in consolidating FONPLATA as a recurrent issuer in international capital markets. Accessing the euro market for the first time broadens our financial flexibility, strengthens the diversification of our funding sources, and reaffirms investor confidence in the institution’s financial strength and credit profile.” 

Through this transaction, FONPLATA continues to strengthen its diversified access strategy to international capital markets, enhancing its financial profile and expanding its capacity to mobilize resources under competitive conditions to support development initiatives across its member countries.

05/29/2026