Share the page
On March 31, the Agence Française de Développement (AFD) priced its first ever Turkish lira (TRY) denominated bond. After a first issuance in Dominican Peso (DOP) last year, this new transaction confirms AFD's interest in issuing in EM currencies, in order to increase its presence in local financial markets.
The bond was issued under AFD's EMTN debt issuance programme and arranged by Goldman Sachs Bank Europe SE.
The bond has a 2-year maturity, pays a fixed annual coupon of 35.00% and has a notional amount of TRY 1.25bn, which equates to approximately €60mm.
It will be listed on Euronext Paris.
Contact: _AFD_Funding@afd.fr
Find out more: Investors page
NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), TO A U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933) OR INTO ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION WOULD BE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES.
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE MAKING OF AN OFFER WOULD BE PROHIBITED OR RESTRICTED.