Filed pursuant to Rule 433

Dated November 15, 2022

Registration No. 333-267056

Corporación Andina de Fomento

USD 800,000,000 of 5.250% Notes due 21 November 2025

 

Issuer:		Corporación Andina de Fomento
Ratings(1):		Moody’s: Aa3 (Stable) / S&P: AA- (Positive) / Fitch: A+ (Positive)
Security Status:		Senior unsecured notes; not secured by any property or assets; notes rank equally with all other unsecured and unsubordinated indebtedness
Transaction Type:		SEC Registered
Currency:		U.S. Dollars
Total Principal Amount:		USD 800,000,000
Offering Price:		99.830%
Gross Proceeds (excluding accrued interest):		USD 798,640,000
Trade Date:		November 15, 2022
Settlement:		November 22, 2022 (T+5)
Maturity:		November 21, 2025
Coupon:		5.250% per annum, payable semi-annually
Spread to SOFR Mid-Swap:		+125 bps
Benchmark Instrument:		UST 4.500% due 15 November, 2025
Benchmark Instrument Price/Yield:		100-26 7/8 / 4.199%
Spread to Benchmark Instrument:		+111.275 bps
Yield to Maturity:		5.312%
Interest Rate Payment Frequency:		Semi-annual
Interest Payment Dates:		21 May and 21 November, with a short first interest payment date on 21 May, 2023
Interest Rate Basis:		30/360
Business Day Convention:		Modified Following, Unadjusted
Redemption Provisions:		Redeemable in whole, but not in part, for tax reasons
Sinking Fund Provisions:		No sinking fund provisions
Form:		Global note held by depositary or the depositary’s custodian

 

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Denominations:		Denominations of USD 1,000.00 and integral multiples of USD 1,000.00 in excess thereof
Clearing:		DTC / Euroclear / Clearstream
Joint Book-Running Managers:		Barclays Bank PLC Citigroup Global Markets Limited Daiwa Capital Markets Europe Limited J.P. Morgan Securities plc
Names and Addresses of Representatives:		Barclays Bank PLC 5 The North Colonnade Canary Wharf London E14 4BB   Citigroup Global Markets Limited Citigroup Centre Canada Square Canary Wharf London E14 5LB   Daiwa Capital Markets Europe Limited 5 King William Street London EC4N 7AX   J.P. Morgan Securities plc 25 Bank Street Canary Wharf London E14 5JP
Governing Law:		New York
Listing:		Application will be made to admit the notes to the official list of the Financial Conduct Authority and to the regulated market of the London Stock Exchange
CUSIP/ISIN:		CUSIP: 21989TAA5 ISIN: US21989TAA51

 

(1)	These securities ratings have been provided by Moody’s, S&P and Fitch Ratings. These ratings are not a recommendation to buy, sell or hold these securities. Each rating may be subject to revision or withdrawal at any time and should be evaluated independently of any other rating.

UK MiFIR Professionals/ECPs-only – Manufacturer target market (UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels).

This communication is intended for the sole use of the person to whom it is provided by the issuer.

 

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The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you a copy of the prospectus if you request it by calling Barclays Bank PLC at +44 (0) 207 773 9098, Citigroup Global Markets Limited at +44 (0) 207 986 9000, Daiwa Capital Markets Europe Limited at +44 (0) 207 597 8000 or J.P. Morgan Securities plc at +1 866 803 9204.

ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.

 

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