May 13, 2026. 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 in an amount of USD 50 million.

The transaction consisted of a 7-year USD-denominated Floating Rate Note (FRN), maturing in May 2033, carrying a coupon of SOFR + 135 basis points. The issuance was acquired by an Asian institutional investor, further reinforcing FONPLATA’s growing positioning as a regular issuer in the international capital markets.

The transaction represents an additional step forward in the Bank’s gradual funding cost optimization process. In particular, at the 7-year tenor, the most recent comparable transaction executed during the first half of 2025 had been priced at levels equivalent to SOFR + 146 basis points, evidencing a further spread compression in line with the recent evolution of FONPLATA’s credit perception and the continued consolidation of its market access strategy.

With this placement, FONPLATA reaches an accumulated volume of USD 250 million in market-based funding raised during 2026, also considering the recently executed inaugural USD 200 million syndicated loan facility. This amount represents approximately 35% of the Bank’s annual market funding target for 2026 (USD 700 million).

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

05/13/26