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International Finance launches $2.25 billion five-year global bonds at mid-swaps plus 2 bps
By Aleesia Forni
Virginia Beach, July 9 – International Finance Corp. launched on Thursday a $2.25 billion offering of five-year global bonds (Aaa/AAA) at mid-swaps plus 2 basis points, a market source said.
The launch comes at the tight end of guidance set in the mid-swaps plus 3 bps area after having firmed from initial talk in the 4 bps area over mid-swaps.
Citigroup Global Markets Inc., Credit Suisse Securities, Goldman Sachs & Co and TD Securities are the banks on the deal.
The World Bank member and lender to the private sector in developing countries is based in Washington, D.C.
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