By Marisa Wong
Los Angeles, April 10 – Asian Development Bank priced $300 million of 4.95% five-year callable notes at par, according to a pricing supplement filed with the Securities and Exchange Commission.
The notes are callable in whole at par annually beginning April 12, 2026.
Wells Fargo Securities LLC is the dealer for the non-syndicated offering.
The issuer is a Manila-based development bank.
Issuer: | Asian Development Bank
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Amount: | $300 million
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Issue: | Senior notes, series 1610-00-2
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Maturity: | April 12, 2029
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Dealer: | Wells Fargo Securities LLC
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Coupon: | 4.95%
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Price: | Par
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Yield: | 4.95%
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Call option: | In whole at par annually beginning April 12, 2026
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Pricing date: | April 10
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Settlement date: | April 12
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Listing: | Luxembourg
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Cusip: | 04517PBY7
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