Filed pursuant to Rule 433

Dated September 9, 2026

Registration No. 333-290939

 

Corporación Andina de Fomento

USD 2,000,000,000 of 4.750% Notes due September 2031

 

Issuer:		Corporación Andina de Fomento
Ratings(1):		Moody’s: Aa1 (Stable) / S&P: AA+ (Stable) / Fitch: AA- (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 (“USD”)
Total Principal Amount:		USD 2,000,000,000
Offering Price:		99.618%
Net Proceeds:		USD 1,989,860,000
Underwriting Discount:		0.125%
All-in Price:		99.493%
All-in Yield:		4.865%
Trade Date:		September 9, 2026
Settlement Date:		September 16, 2026 (T+5)
Maturity Date:		September 16, 2031
Coupon:		4.750 % per annum, payable semi-annually
Spread to SOFR Mid-Swap:		51 bps
Benchmark Instrument:		UST 4.375% due August 31, 2031
Benchmark Instrument Price/Yield:		99-022 / 4.586%
Spread to Benchmark Instrument:		+25.1 bps
Yield to Maturity:		4.837%
Interest Payment Frequency:		Semi-annual
Interest Payment Dates:		March 16 and September 16, commencing on March 16, 2027 up to and including the Maturity Date
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
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:		Crédit Agricole Corporate and Investment Bank Goldman Sachs International HSBC Bank plc J.P. Morgan Securities plc Nomura International plc
Names and Addresses of Representatives:		Crédit Agricole Corporate and Investment Bank 12 Pl. des États Unis CS 70052, Montrouge 92547 France   Goldman Sachs International Plumtree Court 25 Shoe Lane London, EC4A 4AU United Kingdom   HSBC Bank plc 8 Canada Square London E14 5HQ United Kingdom   J.P. Morgan Securities plc 25 Bank Street Canary Wharf London E14 5JP United Kingdom   Nomura International plc 1 Angel Lane London EC4R 3AB United Kingdom
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: 219868CS3 ISIN: US219868CS37

 

(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.

FCA/ICMA stabilization applies.

UK MiFIR Professionals/ECPs-only – Manufacturer target market (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 UK PRIIPs KID or UK DISC disclosure document – No EEA key information document (KID) or UK FCA Product Disclosure Sourcebook (DISC) disclosure document has been prepared as the securities will not be available to retail in the UK or EEA.

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

A preliminary prospectus supplement of CAF accompanies the free-writing prospectus and is available from the SEC’s website at https://www.sec.gov/Archives/edgar/data/947438/000119312526384441/d305614d424b3.htm.

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 Crédit Agricole Corporate and Investment Bank at +44 20 7214 5171, Goldman Sachs International at +44 (0) 20 7774 1000, HSBC Bank plc at +1 (866) 811 8049, J.P. Morgan Securities plc at +1 866 803 9204 or Nomura International plc at +1 212 667 9000.

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.