Related Deals
Related Parents
Related Issuers
by Chris Reich
Feb 24, 2026 10:29 AM ET
African Development Bank (AFDB), exp Aaa/AAA/AAA/AAA (s/s/s/s) by Moody's/S&P/Fitch/Japan Credit rating Agency, US$2bn SEC Exempt 5y FXD global bonds due 3/3/31. BMO/BofA/Daiwa/JPM/Nomura as JLMs. Listing: Luxembourg Stock Exchange’s Regulated Market. Docs/Law/Denoms: Issuer’s Global Debt Issuance Facility, English, US$1k. Pricing 2/24. Settle 3/3 (T+5).
IPTs: SOFR MS+34 area (currently equiv to CT5+7.5bp area).
Guidance: SOFR MS (S/A, 30/360) + 33bps area. IOIs in excess of 5.75bn (excl. JLM interest).
LAUNCHED: $2bn 5y at SOFR MS+32. Book in excess of $7.4bn (excl. JLM interest).
PRICED: $2bn 3.625% 3/3/31 99.918 3.643% SOFR MS+32 (T+4.5).