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Published on 3/12/2021 in the Prospect News Investment Grade Daily.

New Issue: IADB issues $75 million 0.8% five-year notes at par

By Devika Patel

Knoxville, Tenn., March 12 – The Inter-American Development Bank (Aaa/AAA) issued $75 million of 0.8% five-year global notes on Thursday at par, according to a market announcement.

Wells Fargo Securities, LLC was the dealer.

The provider of development financing for Latin America and the Caribbean is based in Washington, D.C.

Issuer:Inter-American Development Bank
Amount:$75 million
Description:Global notes
Maturity:March 4, 2026
Bookrunner:Wells Fargo Securities, LLC
Coupon:0.8%
Price:Par
Yield:0.8%
Pricing date:March 8
Settlement date:March 11
Ratings:Moody's: Aaa
S&P: AAA

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