The Asian Development Bank (ADB) raised $3.5bn in a 5-year global bond with a 4.375% coupon, attracting $14bn in investor interest.

The Asian Development Bank (ADB) raised $3.5bn through a 5-year global bond offering, attracting $14bn in investor interest, its second-largest order book ever. The bond features a 4.375% coupon rate, matures on 6 March 2029, and is part of ADB's $30bn-34bn capital-raising strategy for 2024. The bond issuance aims to support the bank's mission of fostering a prosperous, inclusive, resilient, and sustainable Asia and Pacific region.

February 28, 2024
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