New Issue: IADB issues Rs. 8.3 billion more 7.35% notes due 2030

By Wendy Van Sickle

Columbus, Ohio, April 12 – Inter-American Development Bank issued an additional Rs. 8.3 billion of 7.35% notes due Oct. 6, 2030, according to a pricing supplement.

Amounts are payable in U.S. dollars.

The registered notes priced at 101.970838 plus 189 days’ accrued interest.

J.P. Morgan Securities plc was the dealer.

The notes will be consolidated and form a single series with the original upsized offering of Rs. 30 billion of 7.35% notes due 2030 issued on Oct. 6, 2023, the Rs. 1.75 billion issued Feb. 15 and the Rs. 4.2 billion issued April 2.

The bank has applied to list the notes on the regulated market of the London Stock Exchange.

The agency provides financing and technical assistance to businesses in Latin America and the Caribbean and is based in Washington, D.C.

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