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Commentary & Deal Flow

SSA NEW ISSUE: IADB US$ Bnchmrk L3y Sr Notes Pxng Tues; SMS+26A

IGC European Market: Deal Flow - SSAIGC US Market: Deal Flow - SSA

Inter-American Development Bank (IADB) exp Aaa/AAA (s/s) US$ Bnchmrk Global (SEC Exempt) long 3y FXD sr unsec notes due 03/20/30. Barc/DB/MS/RBC leads. First pay: 03/20/27. Denoms: 1,000 x 1,000. Governing Law: New York. Listing: London Stock Exchange's Regulated Market. Taking IOIs, pricing expected 08/25. Settle 09/01 (T+5).
IPTs: SOFR MS+26 area (currently equivalent to ~CT3 +7.9).