The EDB successfully repays its ten-year Eurobonds under the EMTN programme and meets all of its obligations to investors
Moscow, 27 September 2022. The Eurasian Development Bank (EDB), a leading international development bank in Eurasia, has paid in full the principal and accrued coupon under its ten-year US $500 million EMTN Eurobonds due on 20 September 2022 (ISIN XS0831571434 / US29843YAB11).
Therefore, all the obligations to investors under the Bank’s EMTN programme have been met in full.
Previously, the EDB repurchased some of its Eurobonds through organised tender offers as well as directly from security bondholders in the open market.
Additional Information:
The Eurasian Development Bank (EDB) is an international financial institution investing in Eurasia. For more than 16 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. The EDB's charter capital totals US $7 billion. Its portfolio mainly consists of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing, and mechanical engineering. The Bank’s operations are guided by the UN Sustainable Development Goals and ESG principles.
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