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Asian Development Bank offers dollar five-year senior notes; talk SOFR mid-swaps plus 37 bps area
By Marisa Wong and Cristal Cody
Los Angeles, Aug. 23 – Asian Development Bank plans to price dollar-denominated senior notes due Aug. 25, 2028, according to a market source.
Price talk is in the SOFR mid-swaps plus 37 basis points area.
BofA, Barclays, Citi and JPMorgan are the bookrunners.
The issuer is a Manila-based development bank.
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