By Devika Patel
Knoxville, Tenn., Feb. 19 – The Inter-American Development Bank (Aaa/AAA) priced $200 million of notes in two tranches, according to a press release.
The company sold $100 million of 0.155% two-year notes at par.
A $100 million tranche of 0.26% three-year notes also priced at par.
Morgan Stanley & Co. International plc is the bookrunner.
The provider of development financing for Latin America and the Caribbean is based in Washington, D.C.
| Issuer: | Inter-American Development Bank
|
| Amount: | $200 million
|
| Description: | Notes
|
| Bookrunner: | Morgan Stanley & Co. International plc
|
| Settlement date: | Feb. 18
|
| Ratings: | Moody’s: Aaa
|
| S&P: AAA
|
|
|
| Two-year notes
|
| Amount: | $100 million
|
| Maturity: | Feb. 28, 2023
|
| Coupon: | 0.155%
|
| Price: | Par
|
| Yield: | 0.155%
|
|
|
| Three-year notes
|
| Amount: | $100 million
|
| Maturity: | Feb. 29, 2024
|
| Coupon: | 0.26%
|
| Price: | Par
|
| Yield: | 0.26%
|
|
|
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