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Published on 8/9/2016 in the Prospect News Emerging Markets Daily.

African Development Bank sets size at $250 million for tap of 1% notes due in 2019

By Christine Van Dusen

Atlanta, Aug. 9 – African Development Bank set the size at $250 million for a tap of its 1% notes due May 15, 2019, according to a company announcement.

RBS and BNP Paribas are the bookrunners for the deal.

The original $1 billion issue priced in April at 99.639.

The issuer is based in Abidjan, Ivory Coast.


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