IADB talks offering of 10-year notes at mid-swaps plus 27 bps area

By Cristal Cody

Tupelo, Miss., June 27 – The Inter-American Development Bank (Aaa/AAA/) plans to price an offering of global notes due July 7, 2027, according to a market source on Tuesday.

The notes were talked to price in the mid-swaps plus 27 basis points area.

Barclays, Citigroup Global Markets Inc. and TD Securities (USA) LLC are the lead managers.

The provider of development financing for Latin America and the Caribbean is based in Washington, D.C.

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