World Bank plans to price five-year fixed-rate notes

By Devika Patel

Knoxville, Tenn., Aug. 21 – International Bank for Reconstruction and Development, known as the World Bank, (Aaa/AAA) plans to issue fixed-rate notes due Aug. 28, 2024 in an over-the-counter offering, according to a market source.

J.P. Morgan Securities LLC is stabilization coordinator with Barclays, Morgan Stanley & Co. LLC and TD Securities (USA) LLC.

The global development financing cooperative is based in Washington, D.C.

© 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.