African Development Bank plans dollar benchmark notes

By Christine Van Dusen

Atlanta, March 7 – African Development Bank is planning a dollar-denominated and benchmark-sized offering of global Securities and Exchange Committee-exempt bonds, according to a company filing.

TD Securities, BofA Merrill Lynch, Daiwa Capital Markets Europe, Goldman Sachs International and JPMorgan are the bookrunners for the deal.

Pricing is expected to take place on Wednesday.

The issuer is a multilateral development bank based in Abidjan, Ivory Coast.

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