BADEA successfully raises €500 million in inaugural international fundraising

The Arab Bank for Economic Development in Africa (BADEA), with a ‘Aa2/Positive Outlook’ rating (Moody’s), ‘AA/Positive Outlook’ (S&P), and ‘AAA/Stable Outlook’ (JCR), has made a successful entry into the international financial market. The inaugural fundraising operation raised €500 million under the social label, with a 3-year maturity, a yield rate of 3.806%, and a 3.75% coupon.

This operation, the first in its 50-year history, garnered significant interest, with a final order book exceeding €1.2 billion from over 50 high-quality investors based in more than 27 countries across 4 continents. Following the transaction announcement on the morning of January 18, subscription orders surpassed €1.5 billion within a few hours.