Published on 3/5/2010 in the Prospect News Emerging Markets Daily.
New Issue: ADB sells A$600 million of 6¼% 10-year bonds priced at 99.414
By Susanna Moon
Chicago, March 5 - Asian Development Bank said it issued A$600 million of 6¼% bonds due March 5, 2020 at 99.414 on Friday.
The lead managers and dealers are Royal Bank of Canada and UBS AG, Australia Branch.
Asian Development Bank is a Manila-based multilateral development finance institution. It said that proceeds will be used for capital resources.
| Issuer: | Asian Development Bank
|
| Issue: | Bonds
|
| Amount: | A$600 million
|
| Maturity: | March 5, 2020
|
| Coupon: | 6¼%, payable semiannually
|
| Price: | 99.414
|
| Lead managers: | Royal Bank of Canada and UBS AG, Australia Branch
|
| Settlement date: March 5
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
