By Marisa Wong and Cristal Cody
Los Angeles, March 11 – Inter-American Development Bank priced $500 million of six-year bonds with a coupon of SOFR plus 27 basis points on Wednesday, according to a market source.
Initial price talk was in the SOFR plus 27 bps area, as previously reported.
BMO Capital Markets Corp., HSBC Securities (USA) Inc. and TD Securities (USA) LLC are the bookrunners.
The provider of development financing for Latin America and the Caribbean is based in Washington, D.C.
| Issuer: | Inter-American Development Bank
|
| Issue: | Bonds
|
| Amount: | $500 million
|
| Maturity: | March 20, 2027
|
| Bookrunners: | BMO Capital Markets Corp., HSBC Securities (USA) Inc. and TD Securities (USA) LLC
|
| Coupon: | SOFR plus 27 bps
|
| Pricing date: | March 10
|
| Initial price talk: | SOFR plus 27 bps area
|
|
|
© 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.
