New Issue: World Bank prices NGN 7.89 billion of 9¼% one-year bonds at par

By Susanna Moon

Chicago, April 18 - The International Bank for Reconstruction and Development (Aaa/AAA/) priced NGN 7.89 billion of 9¼% one-year fixed-rate bonds at par, according to a press release.

Standard Chartered Bank was the lead manager.

The issuer is based in Washington, D.C.

Issuer:	International Bank for Reconstruction and Development
Issue:	Fixed-rate bonds
Amount:	NGN 7,892,000,000
Maturity:	April 30, 2014
Manager:	Standard Chartered Bank
Coupon:	9¼%
Price:	Par
Trade date:	April 18
Settlement date:	April 30
Ratings:	Moody's: Aaa
	Standard & Poor's: AAA

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