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Published on 11/15/2019 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

IBRD to repurchase all $200 million callable step-ups due 2021

Chicago, Nov. 15 – International Bank for Reconstruction and Development, or World Bank, will repurchase all of the outstanding $200 million callable step-up fixed-rate notes due Nov. 29, 2021, according to a notice.

The notes will be repurchased on Nov. 29 at par.

Citibank NA, London is working as principal paying agent.

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


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