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Published on 8/10/2020 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

World Bank calls $100 million of 0% notes due 2046 from two series

By Marisa Wong

Los Angeles, Aug. 10 – International Bank for Reconstruction and Development, or World Bank, will redeem all of its outstanding $50 million callable zero-coupon notes due Aug. 22, 2046 (ISIN: XS1474190821) on Aug. 22 at 117.36, according to a notice.

World Bank will also redeem all of its outstanding $50 million callable zero-coupon notes due Aug. 26, 2046 (ISIN: XS1481502141) on Aug. 26 at 116.4, according to a separate notice.

Citibank, NA, London branch is the paying agent.

World Bank offers loans to developing countries and is based in Washington, D.C.


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