AfDB issues ‎€1.25bn 0.875% 10-year Social Bond due 24 May 2028

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AfDB issues ‎€1.25bn 0.875% 10-year Social Bond due 24 May 2028

23 May 2018, Sweetcrude, Abidjan, Côte d’Ivoire – On Wednesday, 16th May 2018, the African Development Bank, rated Aaa/AAA/AAA by Moody’s/S&P/Fitch (with a stable outlook) successfully priced a EUR 1.25 billion 10-year Social Bond transaction. The transaction, which follows the inaugural EUR 500 million 7-year Social Bond issued in November 2017, was priced at mid-swaps …

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