By Marisa Wong
Los Angeles, April 9 – Inter-American Development Bank priced Rs. 8.5 billion of 7.05% notes due April 8, 2029 at par, according to a pricing supplement.
The issue price will be payable in dollars, totaling $101,869,606.90 at the agreed rate of Rs. 83.44 per $1.00.
The notes are non-callable and are not putable.
J.P. Morgan Securities plc is the dealer for the non-syndicated offering.
The notes will be listed on the London Stock Exchange.
The provider of development financing for Latin America and the Caribbean is based in Washington, D.C.
| Issuer: | Inter-American Development Bank
|
| Amount: | Rs. 8.5 billion
|
| Issue: | Notes, series 911
|
| Maturity: | April 8, 2029
|
| Dealer: | J.P. Morgan Securities plc
|
| Coupon: | 7.05%
|
| Price: | Par
|
| Yield: | 7.05%
|
| Call option: | No
|
| Put option: | No
|
| Pricing date: | April 3
|
| Settlement date: | April 8
|
| Listing: | London
|
| ISIN: | XS2795682140
|
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