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Commentary & Deal Flow

NEW ISSUE: Asian Development Bank € bmk 7yr Green Sr Unsec; MS+15a

IGC European Market: Deal Flow - SSA

Issuer

Term

Maturity

Size

Ranking

Type

Guidance

ISIN

Asian Development Bank

7yr

17-Jun-33

bmk

Sr Unsec

Fixed

MS+15a

XS3408976507


Guidance: 7yr: MS+15a


  • Issuer: Asian Development Bank
  • Ticker: ASIA
  • Ratings: Aaa/AAA/AAA (all stable) (Moody's/S&P/Fitch)
  • Format: Senior, Unsecured, Global SEC Exempt
  • Size: € Benchmark
  • Settlement: 17-Jun-26 (T+6)
  • Maturity: 17-Jun-33 (7Y)
  • Guidance: Mid Swaps +15bps area
  • Coupon: Fixed, Annual, ACT/ACT
  • Denominations: €1,000 + €1,000
  • Docs: Issuer's Global Debt Programme
  • Target Market: (UK MiFIR/MiFID II) Eligible Counterparties and Professional Clients (all distribution channels)
  • Leads: BNP Paribas, Credit Agricole CIB (B&D), Deutsche Bank, J.P. Morgan
  • Listing: Luxembourg
  • Settlement: Euroclear / Clearstream
  • ISIN: XS3408976507
  • Timing: Books open, today's business
  • Advertisement: This communication is an advertisement for the purposes of Regulation (EU) 2017/1129 and underlying legislation. It is not a prospectus. The prospectus relating to the securities is available on the Luxembourg Stock Exchange: {https://www.luxse.com/issuer/ADB/26709}
  • Use of Proceeds: The proceeds of the bond will be used in accordance with ADB’s Green and Blue Bond framework ({https://www.adb.org/sites/default/files/publication/731026/adb-green-blue-bond-framework.pdf})