The Development Bank has successfully closed a private placement for JPY 7.2 billion (equivalent to USD 54 million). The issue, purchased by Japanese institutional investors, includes two tranches: a 5-year tranche (maturing in March 2028) and a 6.5-year tranche (maturing in October 2029). This is...
On April 10, the Board of Governors of FONPLATA — Development Bank appointed Luciana Botafogo as Executive President of the organization for a five-year term, starting on the date on which she takes office, scheduled for April 21. Succeeding the Uruguayan economist and engineer Juan Notaro, who held...
The Executive President a.i. of the Development Bank, Luciana Botafogo, and the President of the National Energy Administration of Paraguay (ANDE), Félix Sosa, signed a loan agreement for the implementation of the project “Construction of the 220 kV transmission line to Villa Hayes–Villa Real–Pozo...
Representatives of all member countries of the Development Bank took part in the meeting, held in Santa Cruz de la Sierra, Bolivia, in which FONPLATA’s new Financial Policies and the financial terms and conditions for Non-Sovereign Risk Loans were approved. It was also agreed to increase the funding...
FONPLATA — Development Bank and LAIF – Latin America Investment Facility will hold the “Mayors' Forum: Sustainable Cities” in Brasilia, on March 15 and 16, aiming at sharing best practices in sustainable development, promoting the transfer and adaptation of technologies and knowledge applied to...