New Issue: International Finance sells $300 million tap of floaters due 2016 at par

By Aleesia Forni

Virginia Beach, Oct. 29 - International Finance Corp. priced a $300 million tap of its floating-rate notes (Aaa/AAA/AAA) due Aug. 1, 2016 at par to yield one-month Libor plus 2 basis points, a market source said.

The bookrunners were Barclays, Goldman Sachs & Co. and TD Securities (USA) LLC.

The original $500 million issue priced on July 23.

The World Bank member and lender to the private sector in developing countries is based in Washington, D.C.

Issuer:	International Finance Corp.
Issue:	Add-on on to floating-rate notes due 2016
Amount:	$300 million
Maturity:	Aug. 1, 2016
Bookrunners:	Barclays, Goldman Sachs & Co., TD Securities (USA) LLC
Coupon:	One-month Libor plus 2 bps
Price:	Par
Yield:	One-month Libor plus 2 bps
Trade date:	Oct. 29
Ratings:	Moody's: Aaa
	Standard & Poor's: AAA
	Fitch: AAA
Total issue size:	$800 million, including $500 million priced on July 23

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