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Published on 4/18/2023 in the Prospect News Emerging Markets Daily.

New Issue: IADB issues Rs. 4.25 billion 7% notes due 2033 at par

Chicago, April 18 – Inter-American Development Bank issued Rs. 4.25 billion of 7% notes due 2033 at par, according to a pricing supplement.

Amounts are payable in U.S. dollars.

BofA Securities was the bookrunner.

Proceeds will be used for the ordinary capital resources of the bank.

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
Amount:Rs. 4.25 billion
Issue:Notes
Maturity:April 17, 2033
Bookrunner:BofA Securities
Coupon:7%
Price:Par
Yield:7%
Call features:Non-callable
Puts:No
Trade date:April 12
Settlement date:April 17
ISIN:XS2608242108

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