Asian Development Bank’s $4.25 Billion Offering

January 24, 2020

Cleary Gottlieb represented the managers in the Asian Development Bank’s first two global offerings of 2020: $2.25 billion 1.625% notes due January 24, 2023, and $2 billion 1.875% notes due January 24, 2030.

The debt offerings priced January 15, 2020, and settled on January 24, 2020.

The Asian Development Bank, headquartered in Manila, Philippines, is a regional multilateral organization established in 1966. With a mission to facilitate sustainable economic development in Asia, ADB has grown to encompass 68 members since its establishment, of which 49 are from within Asia and the Pacific, and 19 outside.