Stabilisation Notice

Corporacion Andina de Fomento

03 September 2024

 

September 3, 2024-- Corporación Andina de Fomento ("CAF") today announced the proposed public offering of a new series of Notes (the "Notes").

CAF announced today, subject to market conditions, its intention to offer, for cash purchase by investors (the "Offering"), a new series of Notes. BofA Securities, Inc., BMO Capital Markets Corp., Goldman Sachs International and Morgan Stanley & Co. International plc are acting as the Joint Book- Running Managers in connection with the Offering.

CAF is making the Offering only in those jurisdictions where it is legal to do so. The Offering is void in all jurisdictions where it is prohibited. If materials relating to the Offering come into your possession, you are required by CAF to inform yourself of and to observe all of these restrictions. The materials relating to the Offering will not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law.

This press release is not an offer of securities for sale in the United States. The Notes may not be offered or sold in the United States absent registration or exemption therefrom. Any public offering of the Notes in the United States will be made by means of a prospectus supplement (and accompanying prospectus) that may be obtained from representatives of CAF and will contain detailed information about CAF and its management, as well as financial statements.

CAF intends to register the Offering in the United States.

A written prospectus supplement in respect of the Offering (and accompanying prospectus) may be obtained free of charge from any of the following:

BofA Securities, Inc.

NC1-022-02-25

201 North Tryon Street

Charlotte, NC  28255-0001

Attention: Prospectus Department

Email: [e-mail]

BMO Capital Markets Corp.

151 W 42nd Street

New York, NY 10036

United States

Attention: DCM & Syndicate, Global Markets

Telephone: [phone]

Email: [e-mail]

Goldman Sachs International

Plumtree Court

25 Shoe Lane

London, EC4A 4AU

United Kingdom

Attention: Syndicate Desk

Telephone: [phone]

Email: [e-mail]

Morgan Stanley & Co. International plc

25 Cabot Square

Canary Wharf

London, E14 4QA

United Kingdom

Attention: Head of Transaction Management Group, Global Capital Markets

Telephone: [phone]

Email:  [e-mail]

FCA/ICMA stabilization applies.

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

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

No EEA or UK PRIIPs KID - No EEA or UK PRIIPs key information document (KID) has been prepared as the Notes will not be available to retail in the UK or EEA.

CAF will apply to the Financial Conduct Authority in its capacity as competent authority

pursuant to Part VI of the Financial Services and Markets Act 2000, as amended (the "FSMA") (the "Financial Conduct Authority") for the Notes to be admitted to the Official List of the

Financial Conduct Authority and to the London Stock Exchange plc (the "London Stock Exchange") for the Notes to be admitted to trading on the London Stock Exchange's Main Market.

This press release is only being distributed to and is only directed at persons in the United Kingdom in circumstances where section 21(1) of the FSMA does not apply (all such persons together being referred to as "relevant persons"). This press release must not be acted on or relied on by other persons in the United Kingdom. Any investment or investment activity to

which this press release relates is available only to relevant persons and will be engaged in only with relevant persons. Any person who is not a relevant person should not act or rely on this press release or any of its contents.

Notification under Section 309B(1) of the Securities and Futures Act 2001 (2020 Revised Edition) of Singapore (the "SFA") - CAF has determined, and hereby notifies all relevant persons (as defined in Section 309A(1) of the SFA) that the Notes are prescribed capital markets products (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018 of Singapore) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products).

In connection with the issue of the Notes, persons named as the Stabilization Manager(s) (or persons acting on behalf of any Stabilization Manager(s)) in the applicable prospectus supplement may over-allot such Notes or effect transactions with a view to supporting the market price of such Notes at a level higher than that which might otherwise prevail. However, stabilization may not necessarily occur. Any stabilization action may begin on or after the date on which adequate public disclosure of the terms of the offer of such Notes is made and, if begun, may cease at any time, but it must end no later than the earlier of 30 days after the issue date of such Notes and 60 days after the date of the allotment of such Notes. Any stabilization action or over-allotment must be conducted by the relevant Stabilization Manager(s) (or person(s) acting on behalf of any Stabilization Manager(s)) in accordance with all applicable laws and rules.

Forward-looking Statements - This press release contains forward-looking statements, including, but not limited to, statements regarding the completion and timing of the Offering of the Notes. Forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated.

Future events and actual financial and other results may differ materially from those discussed in the forward-looking statements. Therefore, you should not place undue reliance on them. Factors that might cause such a difference include, but are not limited to, those discussed in the prospectus supplement (and accompanying prospectus), such as the effects of economic or

political turmoil in one or more of CAF's shareholder countries. These forward-looking statements are made as of the date of this press release and CAF undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

 

END