Safeguard Policy Statement & Strategy 2020 Midterm Review
ADB US$500 Million 10-year Global
Green Bond
On 12 March 2015, ADB
successfully priced a
US$500 million Global
Green bond.
Highlights
ADB successfully priced a US$500 million Global green bond transaction
due 19 March 2025. The bond pays a coupon of 2.125%.
The bond was priced at a spread of +1 bp over Mid Swaps, and +12.45
basis points over the 2.0% US Treasury Notes due February 2025.
Pricing Details
Issuer:
Ratings:
Format:
ADB
Aaa/AAA/AAA
Global
Overall Distribution by Investor Type
Overall Distribution by Geography
Size:
US$500mn
Central
Banks/
Banks
Europe
37%
Pricing Date:
12 Mar 2015
Settlement Date:
19 Mar 2015
Official
Institutions
16%
.22%
Maturity Date:
19 Mar 2025
Coupon:
Re-offer:
2.125%
Mid Swaps+1 bp
Fund
_Asia
Middle
UST 12.45 bps
North.
US
Bank of America Merrill
Lynch
Others
Managers/
Insurance/
31%
East &
America
22%
Africa
ex-US
1%
Pension
8%
2%
Bookrunners:
61%
Morgan Stanley
SEB AG
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