IFLR1000

Inter-American Development Bank $1 billion step-rate bond issue

20/9/2018
Investment grade bond/note issue
Select tab

$ 1 billion

Completed

20/9/2018

Overview:

  • Inter-American Development Bank has issued $1 billion callable step-rate bonds through the Panama Stock Exchange.
  • The notes are due September 26, 2048. 
  • This marks the first time that IDB has issued securities in the Panama stock market. 

Rani Mehta - Latin America Editor 

Jurisdiction:

Panama

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Banking

Firm:
Arias Fábrega & Fábrega

Party: Inter-American Development Bank (Issuer)

Party: Citigroup (Initial purchaser)

Lawyer: Estif Aparicio

Related deals