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New Issue- AFDB prices $500 mln to 2017 bond
November 8, 2012 / 5:53 PM / 5 years ago

New Issue- AFDB prices $500 mln to 2017 bond

November 8(Reuters) -Following are terms and conditions

of a bond increased on Thursday.

Borrower African Development Bank


Issue Amount $500 million

Maturity Date March 15, 2017

Coupon 1.125 pct

Issue price 102.1

Reoffer price 102.1

Spread Minus 3 basis points

Underlying govt bond Mid-swaps

Payment Date November 16, 2012

Lead Manager(s) Goldman Sachs International &

Standard Chartered

Ratings Aaa (Moody‘s), AAA (S&P),

AAA (Fitch)

Full fees Undisclosed

Notes The issue size will total $1.5 billion

when fungible


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Data supplied by International Insider.

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