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Published on 8/12/2019 in the Prospect News Agency Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

IBRD to redeem $100 million floating-rate notes due 2022 at par

By Rebecca Melvin

New York, Aug. 12 – International Bank for Reconstruction and Development, or World Bank, plans to redeem $100 million callable, capped floating-rate notes due Aug. 23, 2022.

The notes, which were issued Aug. 18, 2017, will be redeemed early at par on Aug. 23, according to a notice.

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


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