Asian Development Bank to redeem $50 million 5.49% notes due 2028

By Mary-Katherine Stinson

Lexington, Ky., Feb. 12 – Asian Development Bank published a notice of early redemption for its $50 million 5.49% callable notes due March 7, 2028 (ISIN: XS2592648476), which were issued under the bank’s global medium-term note program, according to a notice.

All the outstanding notes will be redeemed on the optional redemption date of March 7.

The notes will be redeemed at the corresponding nominal amount.

The issuer is a Manila-based development bank.

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