By Wendy Van Sickle
Columbus, Ohio, May 25 – Inter-American Development Bank priced an additional Rp 300 billion of 5.1% notes due Nov. 17, 2026, according to a notice on Thursday.
The newest series 815 notes priced at 99.3, plus 189 days of accrued interest, which is payable in dollars.
The issue represents the fifth tranche of this series, and it will be consolidated with a first tranche of Rp 750 billion issued on Nov. 17, 2021, a second tranche of Rp 289 billion issued on Dec. 17, 2021, a third tranche of Rp 400 billion issued on April 25, 2022 and a fifth tranche of Rp 461 billion issued on Feb. 16.
Toronto-Dominion Bank is the dealer for the latest tranche of notes.
The issuer provides financing for Latin American and Caribbean countries and is based in Washington, D.C.
| Issuer: | Inter-American Development Bank
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| Amount: | Rp 300 billion
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| Issue: | Series 815 notes, tranche 5
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| Maturity: | Nov. 17, 2026
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| Dealer: | Toronto-Dominion Bank
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| Coupon: | 5.1%
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| Price: | 99.3, plus 189 days’ accrued interest (payable in dollars)
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| Pricing date: | May 22
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| Issue date: | May 25
|
| Listing: | London
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| Total issue size: | Rp 2.2 trillion
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| ISIN: | XS2406749478
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