African Development Bank launches $2.5 billion 0.875% Global Benchmark due 23 March 2026
The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), has launched and priced a $2.5 billion 5-year Global Benchmark bond due 23 March 2026, its first $ benchmark of the year. The new transaction represents AfDB’s largest 5-year $ Global Benchmark ever issued, as well as its largest orderbook achieved for a 5-year benchmark transaction. With the final…
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