E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/7/2023 in the Prospect News Investment Grade Daily.

IDB Invest talks five-year global bonds at SOFR mid-swaps plus 59 bps area

Chicago, Feb. 7 – IDB Invest (Inter-American Investment Corp.) is preparing to offer five-year global bonds due Feb. 15, 2028 (Aa1/AA+/AAA) as Wednesday business, according to a market source.

The benchmark-size offering is being talked in the SOFR mid-swaps plus 59 basis points area.

The bonds will be listed on the London Stock Exchange.

The offering is expected to settle Feb. 15.

BNP Paribas, Citigroup, Goldman Sachs International and JPMorgan are bookrunners.

Based in Washington, D.C., IDB Invest is a member of the Inter-American Development Bank Group. The issuer is a multilateral development bank working on the economic development of its member countries in Latin America and the Caribbean through the private sector.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.