By Sarah Lizee
Olympia, Wash., June 17 – Inter-American Development Bank issued TRY 100 million more 19.1% notes due 2021 at 96, according to a notice.
This second tranche of series 709 notes will be consolidated and form a single series with the bank’s TRY 100 million of 19.1% notes originally issued on May 24.
J.P. Morgan Securities plc is the dealer.
The issuer provides financing for Latin American and Caribbean countries and is based in Washington, D.C.
| Issuer: | Inter-American Development Bank
|
| Issue: | Notes, series 709
|
| Amount: | TRY 100 million
|
| Maturity: | May 24, 2021
|
| Dealer: | J.P. Morgan Securities plc
|
| Coupon: | 19.1%
|
| Price: | 96
|
| Call option: | No
|
| Put option: | No
|
| Pricing date: | June 11
|
| Settlement date: | June 14
|
| Total issuance: | TRY 200 million, including TRY 100 million originally issued on May 24
|
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