Home Business News EDB redeems five-year Eurobonds in full, meeting all obligations to investors

EDB redeems five-year Eurobonds in full, meeting all obligations to investors

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The Eurasian Development Bank (EDB), a leading multilateral development bank fostering economic growth in the Eurasian region, has redeemed its five-year Eurobond issue (ISIN XS2315951041).

The total amount paid to investors at redemption was 286 million euro, comprising the final coupon payment and repayment of the outstanding principal.

The Eurobonds were originally issued under the Bank’s EMTN Programme with a nominal issue size of 300 million euro. The bonds were listed on Euronext Dublin. A portion of the Eurobond issuance had been repurchased by the Bank prior to maturity.