E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/14/2021 in the Prospect News Canadian Bonds Daily and Prospect News Emerging Markets Daily.

New Issue: Export Development Canada sells ZAR 1 billion 4.91%, 5% bonds due 2022

By Marisa Wong

Los Angeles, June 14 – Export Development Canada priced ZAR 500 million of 4.91% instruments due May 7, 2022 and ZAR 500 million 5% instruments due June 1, 2022, according to notices.

Both tranches were sold at par and were issued under the company’s $30 billion debt instrument program.

Ottawa-based Export Development Canada is a Canadian government-owned export credit agency.

Issuer:Export Development Canada
Issue:Instruments
Amount:ZAR 1 billion
Call option:No
Put option:No
Series 21-33, tranche 1
Amount:ZAR 500 million
Maturity:May 7, 2022
Coupon:4.91%
Price:Par
Yield:4.91%
Issue date:May 7
Series 21-38, tranche 1
Amount:ZAR 500 million
Maturity:June 1, 2022
Coupon:5%
Price:Par
Yield:5%
Issue date:June 1

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.