Debt

Coming after its inaugural SEK 5-year Green Bond in floating rate format, AfDB took advantage of the strong positive momentum and demand created from the first deal to follow up with another SEK 1 billion 5-year transaction – this time in fixed rate format.

This bond issuance, with a 100-year maturity, is the first ever century-bond in sterling. The coupon stands at 6%, which is in line with the 100-year senior bond in dollars priced last Tuesday.

Fitch Ratings has affirmed The Netherlands’ Long-term foreign and local currency Issuer Default Rating (IDRs) at ’AAA’. The Outlooks are Negative. The issue ratings on The Netherlands’ unsecured foreign and local currency bonds have also been affirmed at ’AAA’.

The European Investment Bank (EIB) and Prysmian Group announce the finalisation of a €100 million loan to fund the European research and development (R&D) programmes of the group, world leader in the energy and telecom cables and systems industry, over the period 2013-2016.

UBS offers to buy back certain outstanding tier 2 and senior bonds for cash up to approximately CHF 2.15 billion.