Published on 6/21/2021 in the Prospect News Emerging Markets Daily.
New Issue: Asian Development Bank prices £250 million tap of ¾% notes due 2027 at 99.61
By Wendy Van Sickle
Columbus, Ohio, June 21 – Asian Development Bank priced a £250 million tap of its ¾% notes due December 2027 at 99.61, according to a notice published by the London Stock Exchange.
Barclays, Deutsche Bank AG and RBC acted as managers of the deal.
The development bank is based in Manila.
| Issuer: | Asian Development Bank
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| Issue: | Notes add-on
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| Amount: | £250 million
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| Maturity: | December 2027
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| Managers: | Barclays, Deutsche Bank AG and RBC
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| Coupon: | ¾%
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| Price: | 99.61
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| Announcement date: | June 21
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