New Issue: Asian Infrastructure sells $2 billion 4 7/8% three-year notes at 99.735

By Wendy Van Sickle

Columbus, Ohio, Sept. 6 – Asian Infrastructure Investment Bank sold $2 billion of 4 7/8% three-year notes (Aaa/AAA/AAA) on Wednesday at 99.735 to yield 4.971%, according to an FWP filing with the Securities and Exchange Commission.

The notes priced with a spread of 22.8 basis points over the benchmark U.S. Treasury.

Bank of Montreal, London Branch, Citigroup Global Markets Ltd., Merrill Lynch International and Nomura International plc are the bookrunners.

Proceeds will be included in the ordinary resources of the bank.

Asian Infrastructure Investment Bank is based in Beijing.

Issuer:	Asian Infrastructure Investment Bank
Amount:	$2 billion
Issue:	Notes
Maturity:	Sept. 14, 2026
Bookrunners:	Bank of Montreal, London Branch, Citigroup Global Markets Ltd., Merrill Lynch International and Nomura International plc
Co-lead managers:	Barclays Bank plc, Credit Agricole CIB, Deutsche Bank AG, London Branch and Standard Chartered Bank
Fiscal agent:	Citibank, NA
Counsel to issuer:	Sullivan & Cromwell LLP
Counsel to underwriters:	Latham & Watkins LLP
Coupon:	4 7/8%
Price:	99.735
Yield:	4.971%
Spread:	Treasuries plus 22.8 bps
Pricing date:	Sept. 6
Settlement date:	Sept. 14
Ratings:	Moody’s: Aaa
	S&P: AAA
	Fitch: AAA
Distribution:	SEC registered
Cusip:	04522KAK2

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