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New Issue-AfDB adds $250 mln to 2018 bond
Feb 21 (Reuters) -Following are terms and conditions
of a bond increased on Thursday.
Borrower African Development Bank (AfDB)
Issue Amount $250 million
Maturity Date March 15, 2018
Coupon 0.875 pct
Reoffer price 99.347
Spread 1 basis points
Underlying govt bond Over Mid-swaps
Payment Date February 28, 2013
Lead Manager(s) BNP Paribas & Deutsche Bank
Ratings Aaa (Moody's), AAA (S&P),
AAA (Fitch)
Full fees Undisclosed
Notes The issue size will total $1.25 billion
when fungible
ISIN US00828EAU38
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