New Issue: Asian Development prices C$1.25 billion 4.05% notes due 2027 at 99.964

By William Gullotti

Buffalo, N.Y., April 17 – Asian Development Bank priced C$1.25 billion of 4.05% notes due 2027 at 99.964, according to a pricing supplement filed under Rule 3 of Regulation AD with the Securities and Exchange Commission.

Bank of Montreal, London Branch, Canadian Imperial Bank of Commerce, London Branch, RBC Dominion Securities Inc. and Toronto-Dominion Bank are the managers for the syndicated offering.

The three-year notes will be listed on the Luxembourg Stock Exchange.

The issuer is a Manila-based development bank.

Issuer:	Asian Development Bank
Amount:	C$1.25 billion
Issue:	Senior notes, series 1612-00-1
Maturity:	April 19, 2027
Managers:	Bank of Montreal, London Branch, Canadian Imperial Bank of Commerce, London Branch, RBC Dominion Securities Inc. and Toronto-Dominion Bank
Counsel to managers:	Stikeman Elliott (London) LLP
Coupon:	4.05%
Price:	99.964
Pricing date:	April 17
Settlement date:	April 19
Listing:	Luxembourg
Cusip:	045167GC1

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