By Mary-Katherine Stinson
Lexington, Ky., May 25 – Inter-American Development Bank issued C$750 million of 3.4% notes, series 872, due May 24, 2028 at 99.813, according to a pricing supplement.
The syndicated notes are non-callable.
CIBC World Markets, RBC Capital Markets and Scotiabank are the dealers.
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: | C$750 million
|
| Issue: | Notes, series 872
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| Maturity: | May 24, 2028
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| Bookrunners: | CIBC World Markets Inc., RBC Europe Ltd. and Bank of Nova Scotia, London Branch
|
| Coupon: | 3.4%
|
| Price: | 99.813
|
| Call features: | Non-callable
|
| Pricing date: | May 19
|
| Settlement date: | May 24
|
| Distribution: | Registered global
|
| Cusip: | 458182EK4
|
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