New Development Bank prices USD 2 billion benchmark bond to further support COVID emergency response - Seite 2

Qiu Wei, Deputy General Manager, Investment Banking & Asset Management Department at Bank of China said: "The successful pricing of the USD bond not only demonstrates NDB's market impact and JLMs' expertise, but also strengthens the ties between NDB and its member countries. Furthermore, this issuance will help push forward NDB's efforts to help member countries in fighting the challenges brought by the COVID-19 epidemic."

Harry Koppel, Managing Director, SSAR Origination at Barclays said: "Huge congratulations to the New Development Bank for this remarkable result on their second-ever USD benchmark transaction in the international capital markets. NDB took another large step forward, issuing both a larger size and at a longer tenor than its debut issue. And indeed, this was all achieved with a minimum new issue concession vs. estimated fair value. It has been a privilege to work with the NDB team on this transaction, beginning all the way back in July with virtual marketing, and this outcome is a testament to all the work and dedication by the team."

Philip Brown, Head of Public Sector Debt Origination at Citi said: "This was a terrific second Dollar Benchmark for the NDB, who is seeing the benefit of their considerable and continuous program of investor relations. Building on the successful debut 3-year benchmark in June, we've now gone longer, larger and tighter. Congratulations to the NDB Treasury team, it's been our privilege to travel on this exciting journey with them as NDB builds out its capital markets presence so successfully."

Maud Le Moine, Head of SSA DCM at Goldman Sachs International at Goldman Sachs International said: "NDB's second COVID-response USD benchmark comes at a critical time when the COVID-19 pandemic continues to affect many countries globally. Building on the success and performance of their debut USD issuance before the summer, today's USD transaction extends the NDB curve with a new $2bn 5yr, priced 1bp inside of their inaugural issue. The deal achieved an orderbook of $2.4bn and 66% participation from official institutions, a testament to NDB's continuous marketing effort globally. It has been an honour to be a part of NDB's story this year and we congratulate the team on another incredible milestone."