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Published on 6/30/2021 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

New Issue: IADB sells C$750 million of 1% five-year bullet notes at 99.433

By Devika Patel

Knoxville, Tenn., June 30 – Inter-American Development Bank priced C$750 million of 1% five-year notes at 99.433, according to market announcement.

CIBC World Markets, National Bank Financial, RBC Dominion Securities and Scotiabank are the managers for the issue.

The notes are non-callable.

The agency provides financing and technical assistance to businesses in Latin America and the Caribbean and is based in Washington, D.C.

Issuer:Inter-American Development Bank
Description:Notes
Amount:C$750 million
Maturity:June 29, 2026
Bookrunners:CIBC World Markets, National Bank Financial, RBC Dominion Securities and Scotiabank
Coupon:1%
Price:99.433
Call:Non-callable
Announcement date:June 30

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