Asian Development Bank’s $4 Billion Offerings

September 29, 2020

Cleary Gottlieb represented the managers, led by BNP Paribas, Nomura International plc, RBC Capital Markets LLC, and The Toronto-Dominion Bank, in a two-tranche global medium-term note offering by the Asian Development Bank.

The $1 billion 0.75% notes due October 8, 2030, and the $3 billion 0.25% notes due October 6, 2023, priced September 29, 2020, and will close on October 6, 2020.

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