E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/7/2020 in the Prospect News Emerging Markets Daily.

New Issue: IADB issues Ps. 198 million 0% bearer notes due 2027 at 65.6

By Rebecca Melvin

New York, Jan. 7 – Inter-American Development Bank issued Ps. 198 million of 0% bearer notes due Jan. 6, 2027 at 65.6 on Monday, according to a notice.

TD Securities is the dealer.

The series 738 notes were issued under the bank’s global debt program.

Proceeds will be included in the ordinary capital resources of the bank.

The issuer provides financing for Latin American and Caribbean countries and is based in Washington, D.C.

Issuer:Inter-American Development Bank
Issue:Bearer notes, series 738
Amount:Ps. 198 million
Maturity:Jan. 6, 2027
Dealer:TD Securities
Coupon:0%
Price:65.6
Amortization yield:6.207844%
Call option:None
Put option:None
Issue date:Jan. 6

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.