The African Development Bank launches a GBP 1 billion 3.750% Global Benchmark due January 2029
On Wednesday 7th January, the African Development Bank (“AfDB”), rated AAA/AAA/AAA (Moody’s/S&P/Fitch) successfully priced a new GBP 1 billion 3-year Global Benchmark. Taking advantage of a very strong market with excellent momentum, this transaction marked the successful return of the Bank to the GBP market.