New bond issue: Asian Development Bank (ADB) issued international bonds for INR 3,000.0m maturing in 2021 with a 6% coupon.

May 18, 2017 - Cbonds

 

Asian Development Bank (ADB) issued international bonds for INR 3,000.0m maturing in 2021 with a 6% coupon. Bonds were sold at a price of 100.011%. Bookrunner: JP Morgan, TD Securities
Depository: Euroclear Bank, Clearstream Banking S.A..
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Issuer, issue numberAsian Development Bank (ADB), 6% 24feb2021, INR
Type of debt instrumentInternational bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueINR 10,000
Amount3,000,000,000
ISINXS1618178567
End of placement05/17/2017
Initial issue price100.011
Coupon6%
Coupon frequency2 time(s) per year
Settlement date05/24/2017
Maturity date02/24/2021
Issue ManagersBookrunner: JP Morgan, TD Securities Depository: Euroclear Bank, Clearstream Banking S.A. Issuer Legal Adviser (Listing law): BGL BNP Paribas (Luxembourg) Arranger Legal Adviser (International law): Cleary Gottlieb Steen & Hamilton
Trading floorLuxembourg S.E.
Issuer: Asian Development Bank (ADB)
Issuer profile:
Our Vision - an Asia and Pacific Free of Poverty ADB is dedicated to poverty reduction in Asia and the Pacific, a region that is home to two thirds of the world's poor. Established in 1966 and he... more
Outstanding issues:
69 issuesUSD58,571,572,500
3 issuesEUR630,000,000
3 issuesCAD1,450,000,000
1 issuesCHF200,000,000
3 issuesGBP925,000,000
2 issuesGEL164,000,000
2 issuesJPY58,123,000,000
1 issuesNOK1,000,000,000
9 issuesBRL2,293,520,000
3 issuesZAR848,000,000
7 issuesTRY1,329,380,000
24 issuesAUD10,366,600,000
2 issuesMXN2,951,150,000
4 issuesINR20,000,000,000
4 issuesCNY3,580,000,000
6 issuesNZD1,365,000,000
Issuer rating:
Organisation for Economic Co-operation and Development (OECD)0/Country Risk Classifications06/03/1999
Moody's Investors ServiceAaa/LT- foreign currency06/23/2014
S&P Global RatingsAAA/StableForeign Currency LT09/18/1989
Fitch RatingsAAA/StableLT Int. Scale (foreign curr.)08/03/2016