By Christine Van Dusen
Atlanta, March 30 - Philippines' Asian Development Bank priced A$450 million 5½% notes due Feb. 15, 2016 at 97.957 to yield 6.1225%, according to a company filing.
The bookunners for the deal were Australia and New Zealand Banking Group Ltd., RBC and the Toronto-Dominion Bank.
The notes will be consolidated to form a single series with the A$400 million 5½% notes due Feb. 15, 2016 that were issued on Feb. 15, 2006.
Asian Development Bank is an international development finance institution based in Manila.
| Issuer: | Asian Development Bank
|
| Issue: | Notes
|
| Amount: | A$450 million
|
| Proceeds: | A$438.6 million
|
| Maturity: | Feb. 15, 2016
|
| Bookrunners: | Australia and New Zealand Banking Group Ltd., RBC, Toronto-Dominion Bank
|
| Coupon: | 5½%
|
| Price: | 97.957
|
| Yield: | 6.1225%
|
| Trade date: | March 30
|
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