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Published on 11/6/2012 in the Prospect News Emerging Markets Daily.

New Issue: Caribbean Development Bank prices $300 million 4 3/8% notes due 2027 at par

By Christine Van Dusen

Atlanta, Nov. 6 - Caribbean Development Bank sold $300 million 4 3/8% notes due 2027 at par to yield Treasuries plus 264.7 basis points, a market source said.

RBC Capital was the bookrunner for the deal.

Caribbean Development Bank is based in Bridgetown, Barbados.

Issuer:Caribbean Development Bank
Amount:$300 million
Maturity:Nov. 9, 2027
Description:Notes
Bookrunner:RBC Capital
Coupon:4 3/8%
Price:Par
Yield:4 3/8%
Spread:Treasuries plus 264.7 bps
Trade date:Nov. 6
Settlement date:Nov. 9

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