EDB Issued Eurobonds for $500 Million
30 September 2009
EDB Issued Eurobonds for $500 Million
Almaty, 30 September 2009. Yesterday, the Eurasian Development Bank (EDB) finalised the placement of its debut international Eurobond issue and all related payments. The total value of this Rule 144A, Regulation S issue is $500 million; bond maturity is five years, and yield to redemption is 7.375% per annum. The arrangers are Deutsche Bank AG, JP Morgan Securities and The Royal Bank of Scotland plc. Ratings assigned to this issue by Moody’s, S&P and Fitch Ratings are А3, ВВВ and ВВВ, respectively.