By Susanna Moon
Chicago, Nov. 20 – Inter-American Development Bank priced another Ps. 1.5 billion of 7.7% series 635 notes due Feb. 12, 2024 at 98.76.
The notes will also price with 276 days' accrued interest, according to a notice.
IADB originally issued Ps. 750 million series 635 tranche 1 notes on Feb. 12.
The issuer provides financing for Latin American and Caribbean countries and is based in Washington, D.C.
| Issuer: | Inter-American Development Bank
|
| Issue: | Series 635 tranche 2 notes
|
| Amount: | Ps. 1.5 billion
|
| Maturity: | Feb. 12, 2024
|
| Coupon: | 7.7%
|
| Price: | 98.76 plus 276 days’ accrued interest
|
| Issue date: | Nov. 15 for add-on, Feb. 12, 2018 for Ps. 750 million series 635 tranche 1 notes
|
| Total size: | Ps. 2.25 billion
|
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