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Published on 1/25/2024 in the Prospect News Emerging Markets Daily.

New Issue: Asian Development Bank sells $50 million 4.18% notes due 2027

By Wendy Van Sickle

Columbus, Ohio, Jan. 25 – Asian Development Bank priced $50 million 4.18% three-year callable notes on Thursday, according to a pricing supplement.

The registered notes were sold at par.

Wells Fargo Securities, LLC is the dealer.

The issuer is a Manila-based development bank.

Issuer:Asian Development Bank
Amount:$50 million
Issue:Notes
Maturity:Jan. 29, 2027
Dealer:Wells Fargo Securities, LLC
Coupon:4.18%
Price:Par
Yield:4.18%
Call features:None
Pricing date:Jan. 25
Settlement date:Jan. 29
Distribution:Registered notes
Cusip:04517PBX9

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