Business Development

African Development Bank issues AUD 50 million 10-year “Light up and Power Africa” Kangaroo due March 2033

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The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), today issued an AUD 50 million 10-year “Light up and Power Africa” Kangaroo due 8 March 2033. The new issuance was arranged by TD Securities and sold to a single Japanese investor, Fukoku Mutual Life Insurance… Source African Development Bank Group

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