News by tag: bond

IIB executes new CZK-denominated private placement consolidating its euro negative curve by issuing one of the largest CZK deals by a non-Czech issuer ever

IIB executes new CZK-denominated private placement consolidating its euro negative curve by issuing one of the largest CZK deals by a non-Czech issuer ever

International Investment Bank successfully refinanced its maturing CZK floating rate notes with a new issuance of CZK 2.499 billion (EUR 96.4 million) notes with a 3-year maturity and an annual coupon of 1.50%. The euro after-swap price of the issuance, which was placed under the Bank’s MTN Programme, was fixed at -0.041% p.a.. Further decrease in the cost of funds of the Bank will ultimately benefit the whole region, where IIB is present and active in fulfilling its development mission. The…  Read more
IIB executes its very first transaction under the newly registered  MTN Programme

IIB executes its very first transaction under the newly registered MTN Programme

Following the recent registration and listing of its first MTN Programme on Dublin Euronext, on April 16, 2020 IIB executed its first transaction under the new framework, namely a 1-year RON 110 million private placement through Unicredit AG - one of the 6 dealers appointed under the MTN Programme. The operation was based on a strong demand from several Romanian asset managers that are very familiar with the IIB credit story in light of the Bank’s active role in development of the Romanian…  Read more
IIB successfully closes the book for its second largest debt transaction on the  Moscow Stock Exchange

IIB successfully closes the book for its second largest debt transaction on the Moscow Stock Exchange

International Investment Bank (А3(Moody's) / А-(S&P) / BBB+(Fitch Ratings)/ AAA(RU)(АCRA)) successfully closed an order book for the bonds in the nominal amount of RUB 7 billion, with a 5-year maturity. The bonds will be rated by ACRA by placement day. The settlement of the bonds is planned to take place on the April 29, 2020 on the Moscow Stock Exchange. After almost 2 years of absence in the Russian market, despite the volatile external environment caused by the COVID-19 across the globe…  Read more
IIB successfully registers its first ever Medium Term Notes (MTN) Programme on Dublin Stock Exchange

IIB successfully registers its first ever Medium Term Notes (MTN) Programme on Dublin Stock Exchange

The Medium Term Notes (MTN) Programme provides a maximum debt of up to EUR 1.5 bn that could be issued in the international capital markets (with the possibility to be upsized in the future) without specifying a pre-determined time period for these issuances (multi-year). Through the MTN Programme IIB will be able to not only issue benchmark bonds in the international markets but also to flexibly use short market windows and issue private placements in hard or local currencies. The Programme…  Read more