Published on 6/28/2023 in the Prospect News Emerging Markets Daily.
New Issue: Asian Development Bank sells $100 million long three-year notes at par to yield 4 3/8%
By William Gullotti
Buffalo, N.Y., June 28 – Asian Development Bank priced $100 million 4 3/8% callable notes due Dec. 30, 2026 at par, according to a pricing supplement filed with the Securities and Exchange Commission on Thursday.
The registered notes may be called at par on June 30, 2026.
Wells Fargo Securities, LLC was the dealer.
The issuer is a Manila-based development bank.
| Issuer: | Asian Development Bank
|
| Amount: | $100 million
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| Issue: | Notes
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| Maturity: | Dec. 30, 2026
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| Dealer: | Wells Fargo Securities, LLC
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| Coupon: | 4 3/8%
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| Price: | Par
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| Yield: | 4 3/8%
|
| Call features: | Par call on June 30, 2026
|
| Pricing date: | June 28
|
| Settlement date: | June 30
|
| Distribution: | Registered notes
|
| Cusip: | 04517PBV3
|
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