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08/04/2019 - On Thursday 4 April 2019, the African Development Bank successfully priced a dual tranche NOK 500 million 3-year fixed Social Bond and SEK 1.25 billion 5-year fixed Green Bond transaction. The three-year tranche is the very first Social Bond issued in the Norwegian market. It was also the first ever NOK transaction issued by the Bank and the third Social Bond issued under its Social Bond framework.

Categories: Green Bonds Program, Social Bonds Program


14/12/2018 - The Board of the African Development Bank has approved the institution’s 2019 borrowing program to the tune of US$7.24 billion to be raised from the capital markets.

The African Development Bank accesses a wide array of capital markets with the majority of its borrowing in US dollars and Euros as well as issuances in other public markets such as Australian dollars and Pound sterling.

Categories: Green Bonds Program, Social Bonds Program


30/11/2018 - On Tuesday 27 November 2018, the African Development Bank rated Aaa/AAA/AAA by Moody’s/S&P/Fitch (all stable) successfully priced a dual-tranche US$ 500 million 3-year and US$ 100 million 2-year SOFR-linked Green bond, becoming the first issuer to bring to the market a SOFR-linked Green Bond transaction.

Categories: Green Bonds Program, Social Bonds Program


19/09/2018 - The African Development Bank, rated Aaa (Moody’s)/AAA(S&P)/AAA(Fitch), has launched and priced its new US$2-billion 5-year Global Benchmark bond, due 20 September 2023.

Categories: Green Bonds Program, Social Bonds Program


31/05/2018 - The AAA-rated African Development Bank (Moody’s/S&P/Fitch/Japan Credit Rating Agency), issued its second “Feed Africa” bond for CAD 60 million, sold to Japan Post Insurance Co., Ltd., the sole investor in the transaction, with Citigroup Global Markets Limited acting as the arranger and lead manager of the transaction.

Categories: Green Bonds Program, Social Bonds Program, Finance


22/05/2018 - On Wednesday, 16th May 2018, the African Development Bank (“AfDB”), rated Aaa/AAA/AAA by Moody’s / S&P / Fitch (with stable outlook) successfully priced a EUR 1.25 billion 10-year Social Bond transaction.

Categories: Social Bonds Program, Finance


13/12/2017 - On Tuesday 14th November 2017, the African Development Bank rated Aaa / AAA / AAA by Moody’s / S&P / Fitch (all stable) successfully priced a EUR 500 million 7-year inaugural Social Bond transaction, following a European roadshow to present its newly established Social Bond framework. The issue, three times oversubscribed within three hours from formal book opening, was priced at MS-14bps, 2 bps inside of initial guidance. This equated at the time of pricing to a spread of 41.4bps over the DBR 1.00% Aug 2024.

Categories: Social Bonds Program, Finance


05/10/2017 - The African Development Bank (AfDB) has issued the first “Light Up and Power Africa” Bond for SEK 733 million (approximately JPY 10 billion) sold to the Dai-ichi Life Insurance Company, Limited, the sole investor in the transaction.

Categories: Energy & Power, The High 5s, Social Bonds Program, Finance


27/09/2017 - The African Development Bank (AfDB) has sold its first “Industrialize Africa” theme Bond to Fukoku Mutual Life Insurance Company, the sole investor in the transaction, for AUD 50 million.

Categories: The High 5s, Social Bonds Program


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