South American supranational offers diversification

Corp. Andina de Fomento (CAF), the South American supranational, sold €200m ($172m) of Eurobonds today (Thursday), and received an enthusiastic response from investors keen to have a break from corporate credit risk.

CAF's shareholders include Ecuador, Bolivia, Columbia and Venezuela and the supranational has close relationships with the Iberian zone - Spain may become a shareholder in the medium term.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It