The EDB makes a secondary placement of Eurobonds for a total of over US $200 million
Moscow, 13 December 2019. The Eurasian Development Bank (EDB) made a secondary placement of Eurobonds (ISIN XS0831571434) for a total of US $201.031 million. The sale price is 104.65% of the face value, and the yield is 3.0% per annum.
Bookbuilding took place on 10 December and the value of bids was one and a half times as high as that of the bonds offered.
The sale agent is Sberbank CIB, and the co-manager is Otkritie Bank.
Additional Information:
The Eurasian Development Bank (EDB) is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth, and the expansion of mutual trade and other economic ties in its member states. The EDB's charter capital totals US $7 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan.
The EDB Media Centre:
Alexander Savelyev +7 (985) 765 23 59 (Moscow)
Azima Sapargaliyeva +7 (777) 750 00 08 (Almaty)
Sergey Gorbachev +7 (916) 727 22 00 (Moscow)