By Paul A. Harris
St. Louis, Aug. 23 - Mexico's Inter-American Development Bank has priced a Ps. 400 million issue of 7¾% euro medium-term notes (Aaa/AAA) at 99.775 on Thursday, according to an informed source.
RBC Capital Markets was the bookrunner.
The issuer is a regional development bank providing multilateral financing for economic, social and institutional development projects as well as trade and regional integration programs. Its headquarters are in Mexico City.
| Issuer: | Inter-American Development Bank
|
| Issue: | Euro medium-term notes
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| Amount: | Ps. 400 million
|
| Maturity: | Sept. 14, 2011
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| Bookrunner: | RBC Capital Markets
|
| Coupon: | 7½%
|
| Issue price: | 99.775
|
| Trade date: | Aug. 23
|
| Settlement date: | Sept. 14
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
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