AIIB launches $1 billion bond with 4.50% semi-annual coupon

LONDON - The Asian Infrastructure Investment Bank (AIIB) has initiated a pre-stabilization period for its new USD 1 billion bond due May 21, 2035, with a semi-annual coupon rate of 4.50%. The offer price is set at 99.166, and the security will be available through Euroclear, Clearstream, and DTC systems.

Nomura International Plc, acting as the Stabilisation Coordinator, announced that stabilization activities may be carried out by Barclays (LON:BARC) Bank Plc, Merrill Lynch International, and Nomura International Plc. These efforts are aimed at supporting the market price of the securities after their release. The stabilization period began on May 14, 2025, and is expected to conclude by June 23, 2025, with a possible over-allotment up to 5% of the aggregate nominal amount of the bond.

Stabilization maneuvers, which may include over-allotting or executing transactions to maintain the securities’ market price, are not guaranteed to take place and may be discontinued at any time. Any such actions will adhere to all applicable laws and rules.

This bond issuance is directed towards investors outside the United Kingdom (TADAWUL:4280) and those within the UK who have professional investment experience or are high net worth individuals. The announcement specifies that the securities are not being offered for sale in the United States and have not been registered under the United States Securities Act of 1933. As such, they cannot be sold in the US without registration or an applicable exemption from registration requirements.

The ISIN for the bond is US04522KAQ94, and the trading venue for stabilization will be determined in due course. This financial maneuver is based on a press release statement and is intended for informational purposes only, not constituting an offer to underwrite or acquire securities.

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