IDB deals more dollar debt

IDB deals more dollar debt

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income US

The Inter-American Development Bank (IDB) intends to sell at least $1bn in new 10-year bonds on Tuesday in its sixth dollar-denominated debt deal this year, LatinFinance has heard. The bookrunner Citi, Goldman Sachs and TD Securities have set the initial price talk at 16bp over mid-swaps, said a source involved in the deal. The IDB has placed $3.9bn in dollar bonds this year, including a five-year, $3.25bn deal in January that priced with a 2.625% coupon to yield 2.74%, or 10bp over mid-swaps

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