CAF-AM Ferrocarril Central, a Financial Trust managed by a subsidiary of CAF - development bank of Latin America - will invest in the Central Railroad (Ferrocarril Central) Project in Uruguay, and thereby contribute to energizing infrastructure investments in the country. The issue was presented to institutional investors in the Bolsa Electronica de Valores SA (BEVSA).

In order to channel resources to finance long-term infrastructure projects, CAF AM Administradora de Activos Uruguay SA created the CAF-AM Ferrocarril Central Financial Trust, will finance the Central Railroad project, which will help rehabilitate the railway section between Montevideo and Paso de los Toros.

The Central Railroad Project will be developed under the Public-Private Participation (PPP) modality, its total cost will be approximately US$1.1 billion, and will contribute to improving the logistics and development of the country.

The Financial Trust will issue Certificates of Participation in Uruguayan pesos for the equivalent of 3,000,000,000 Indexed Units, which represent approximately US$350 million. The issuance will take place at the end of September in three tranches: retail, "Large Volume Investors" and wholesalers. The objective of the trust, which will be managed by CAF-AM, is to invest in Senior Debt of the Central Railroad Project.

CAF-AM Uruguay currently manages the Financial Trust Infrastructure Debt Fund in Uruguay CAF I (“CAF I Fund”), issued in 2016 for a nominal value of UI 2,800,000,000, equivalent to US$350 million and the Financial Trust Fund of Debt for Infrastructure in Uruguay II CAF-AM (“Fund II CAF-AM”), issued in 2018, for a nominal value of UI4,000,000,000, equivalent to US$500 million.