Published on 8/24/2012 in the Prospect News Emerging Markets Daily.
New Issue: World Bank sells NGN 3.25 billion 13% one-year bond at par
By Aleesia Forni
Columbus, Ohio, Aug. 24 - The International Bank for Reconstruction and Development (Aaa/AAA/) priced a NGN 3.25 billion 13% one-year fixed-rate bonds at par, according to a press release.
JPMorgan was the lead manager for the transaction.
The issuer is based in Washington, D.C.
Issuer: | International Bank for Reconstruction and Development
|
Issue: | Fixed-rate bonds
|
Amount: | NGN 3.25 billion
|
Maturity: | Oct. 30, 2013
|
Manager: | JPMorgan
|
Coupon: | 13%
|
Price: | Par
|
Trade date: | Aug. 24
|
Settlement date: | Sept. 4
|
Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.