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Published on 3/5/2021 in the Prospect News Emerging Markets Daily.

New Issue: IADB prices R$200 million 6½% 10-year dollar-settled notes at 98.5

By Marisa Wong

Los Angeles, March 5 – Inter-American Development Bank priced R$200 million of 6½% notes due 2031 at 98.5, according to a notice.

The series 783 notes are payable in U.S. dollars.

BNP Paribas is the dealer.

The issuer provides financing for Latin American and Caribbean countries and is based in Washington, D.C.

Issuer:Inter-American Development Bank
Issue:Series 783 notes
Amount:R$200 million (payable in dollars)
Maturity:March 4, 2031
Dealer:BNP Paribas
Coupon:6½%
Price:98.5
Call option:No
Put option:No
Listing:London Stock Exchange
Pricing date:March 1
Settlement date:March 4

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