By Christine Van Dusen
Atlanta, July 24 - Tunisia's African Development Bank priced a A$100 million tap of its 5¼% notes due March 23, 2022 (Aaa/AAA/AAA) at 110.595 to yield 3.92%, a market source said.
Deutsche Bank and RBC Bank were the bookrunners for the deal.
The issue size now totals A$850 million.
African Development Bank is a regional development lender.
| Issuer: | African Development Bank
|
| Amount: | A$100 million
|
| Maturity: | March 23, 2022
|
| Description: | Notes
|
| Bookrunners: | Deutsche Bank, RBC Bank
|
| Coupon: | 5¼%
|
| Price: | 110.595
|
| Yield: | 3.92%
|
| Trade date: | July 23
|
| Settlement date: | July 30
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
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