Lao PDR: Notice of New Reference Rate and Corresponding Changes to the ASEAN Infrastructure Fund Limited (“AIF”) General Conditions and the AIF Loan Agreement

This Notice (i) gives effect to ADB’s application of, and facilitates the transition to, alternative reference rates for determining the floating rate of interest, (ii) is issued pursuant to the Ordinary Operations Loan Regulations, and (iii) is applicable to each of the regular loans made from ADB’s Ordinary Capital Resources referred to in the Notice.

This Notice is effective for each such loan on the later to occur of 1 January 2022 and the date the relevant Loan Agreement is duly signed by the Borrower or such other date as may be specified in the Notice. 

See also:

Lao PDR: Amendments to the ASEAN Infrastructure Fund Limited (“AIF”) Loan Agreement (Ordinary Operations)