New Development Bank (NDB) (NDB) 2020-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD1,500.0003Jun-23--AA+AA+FixedSwapsMS+40-45MS+40 a380.63%-99.89600
Tranche Comments
3 yr: Book size: 2100; Registration: Reg S Only; Comments: USD1.5bn 3yr Covid response bond (SRI). RegS. AA+/AA+. Citi/CA-CIB/GS/HSBC(B&D)/JPM. IPTs MS+40/+45, guidance MS+40 area, set MS+38, launch 1.5bn bks >2.1bn pre-close. T+43 vs 0.25% 6/23 @ 100-02 HR 100%;
Deal Comments
Covid Response bond