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Published on 3/11/2014 in the Prospect News Investment Grade Daily.

New Issue: Agence Francaise de Developpement prices $1 billion 2% five-year notes

By Aleesia Forni

Virginia Beach, March 11 - Agence Francaise de Developpement priced $1 billion of five-year notes on Tuesday with a spread of mid-swaps plus 34 basis points, according to an informed source and a company news release.

Pricing was at 99.597 to yield 2.086%.

BNP Paribas Securities Corp., Daiwa, Deutsche Bank Securities Inc. and Societe Generale were the joint bookrunners.

The issuer provides development and financing assistance to developing countries.

Issuer:Agence Francaise de Developpement
Amount:$1 billion
Description:Notes
Maturity:March 18, 2019
Bookrunners:BNP Paribas Securities Corp., Daiwa, Deutsche Bank Securities Inc., Societe Generale
Coupon:2%
Price:99.597
Yield:2.086%
Spread:Mid-swaps plus 34 bps
Trade date:March 11
Settlement date:March 18

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