Chicago, Sept. 28 – Inter-American Development Bank sold COP 25 billion of 11.1% notes with a five-year tenor at par, according to a pricing supplement.
Payments on the series No. 845 notes are all payable in U.S. dollars.
Citigroup is the dealer.
The notes are being listed on the London Stock Exchange.
The issuer provides financing for Latin American and Caribbean countries and is based in Washington, D.C.
| Issuer: | Inter-American Development Bank
|
| Amount: | COP 25 billion
|
| Issue: | Series No. 845 notes
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| Maturity: | Sept. 27, 2027
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| Bookrunners: | Citigroup
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| Coupon: | 11.1%
|
| Price: | Par
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| Yield: | 11.1%
|
| Call features: | Non-callable
|
| Trade date: | Sept. 22
|
| Settlement date: | Sept. 27
|
| ISIN: | XS2534980565
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