New Issue: Asian Infrastructure sells $3 billion 0.5% five-year senior notes at 14 bps spread

By Cady Vishniac

Detroit, Jan. 20 – Asian Infrastructure Investment Bank priced $3 billion of 0.5% five-year senior notes (Aaa/AAA/AAA) on Tuesday at 99.572 to yield 0.587%, or a spread of Treasuries plus 14 basis points, according to an FWP filing with the Securities and Exchange Commission.

HSBC Bank plc, J.P. Morgan Securities plc, Merrill Lynch International and Standard Chartered Bank were the joint lead managers.

Proceeds from the issue will go toward the general operations of the bank, which intends to list the notes on the London Stock Exchange.

Asian Infrastructure Investment Bank is based in Beijing.

Issuer:	Asian Infrastructure Investment Bank
Amount:	$3 billion
Description:	Senior notes
Maturity:	Jan. 27, 2026
Bookrunners:	HSBC Bank plc, J.P. Morgan Securities plc, Merrill Lynch International and Standard Chartered Bank
Co-managers:	Bank of China Ltd., London Branch, Bank of Montreal, London Branch, BNP Paribas, Credit Agricole CIB, ICBC International Securities Ltd. and Morgan Stanley & Co. International plc
Coupon:	0.5%
Price:	99.572
Yield:	0.587%
Spread:	Treasuries plus 14 bps
Trade date:	Jan. 20
Settlement date:	Jan. 27
Ratings:	Moody’s: Aaa
	S&P: AAA
	Fitch: AAA
Distribution:	SEC registered

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