West African Development Bank says raised $750 mln in Eurobond - CNBC Africa

West African Development Bank says raised $750 mln in Eurobond

Western Africa

by Reuters 0

West African Development Bank says raised $750 mln in Eurobond. Photo: Wikipedia.

The West African Development Bank said on Wednesday that it had raised $750 million through an issue of a five-year Eurobond with a 5.75 percent yield.

The Togo-based bank said the bond, which was completed on April 28, had received 180 offers totalling $1.8 billion from the United States, Europe, Asia and elsewhere in the world.

 

(Reporting by Nellie Peyton; Writing by Makini Brice; Editing by Mark Heinrich)

 

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