AIIB completes $2 billion note offering without collateral By Investing.com

LONDON – JP Morgan Securities Plc has announced that it has offered $2 billion of fixed rate notes to the Asian Infrastructure Investment Bank (AIIB) without taking any due diligence measures. The 5-year US dollar notes, bearing a coupon of 4.500%, will be due on January 16, 2030 and are expected to be listed on the primary market. London Stock Exchange (Lon:)

The stabilization efforts employed by financial institutions to support the value of the collateral were not deemed necessary by the stabilization manager(s) for this particular service after the initial offering. The discount price is set at 99.699.

The AIIB, an international financial institution focused on supporting infrastructure development in Asia, is offering the guarantee under the coordination of JP Morgan Securities PLC with additional management by BMO, CACIB and CITI.

This issue is in the broader context of financial institutions and governments seeking to raise capital through debt markets. The AIIB’s successful expansion without the need for stability may reflect investors’ confidence in the institution and its financial instruments.

The completion of the supply and the absence of stabilization measures are based on a press release and are intended for informational purposes. It shall not be construed as an invitation or offer to subscribe, subscribe or otherwise acquire or dispose of AIIB securities in any jurisdiction.

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