By Mary-Katherine Stinson
Lexington, Ky., March 3 – Inter-American Development Bank sold CRC 6.85 billion 7.9% notes, series 863, due March 2, 2025, according to a pricing supplement.
The notes priced at par. The issue price will be payable in dollars in the amount of $12,166,962.70 at the agreed rate of CRC 563 per $1.
The notes are non-callable.
The dealer is Citigroup Global Markets Ltd.
The provider of development financing for Latin America and the Caribbean is based in Washington, D.C.
| Issuer: | Inter-American Development Bank
|
| Amount: | CRC 6.85 billion
|
| Issue: | Notes, series 863
|
| Maturity: | March 2, 2025
|
| Dealer: | Citigroup Global Markets Ltd.
|
| Coupon: | 7.9%
|
| Price: | Par
|
| Yield: | 7.9%
|
| Call features: | Non-callable
|
| Pricing date: | Feb. 27
|
| Settlement date: | March 2
|
| Distribution: | Section 3(a)(2)
|
| ISIN: | XS2591020651
|
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