New Issue: African Development Bank sells $200 million 1 1/8% notes due 2017 to yield 0.909%

By Christine Van Dusen

Atlanta, June 13 - Tunisia's African Development Bank priced $200 million 1 1/8% notes due March 15, 2017 (Aaa/AAA/AAA) at 100.791 to yield 0.909%, or mid-swaps minus 4 basis points, a market source said.

Goldman Sachs and Standard Chartered Bank were the bookrunners for the deal.

The issuer is a regional development lender.

Issuer:	African Development Bank
Amount:	$200 million
Maturity:	March 15, 2017
Description:	Notes
Bookrunners:	Goldman Sachs, Standard Chartered Bank
Coupon:	1 1/8%
Price:	100.791
Yield:	0.909%
Spread:	Mid-swaps minus 4 bps
Trade date:	June 13
Settlement date:	June 20
Ratings:	Moody's: Aaa
	Standard & Poor's: AAA
	Fitch: AAA

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