New Issue: International Finance sells $2.5 billion 1.125% notes due 2021

By Cristal Cody

Eureka Springs, Ark., July 13 – International Finance Corp. priced $2.5 billion of 1.125% five-year notes (Aaa/AAA) at 17.45 basis points over Treasuries on Wednesday, according to a market source.

The managers were Barclays, BMO Capital Markets Corp., J.P. Morgan Securities plc and Nomura Securities International, Inc.

Washington, D.C.-based International Finance is a member of the World Bank Group.

Issuer:	International Finance Corp.
Amount:	$2.5 billion
Description:	Notes
Maturity:	July 20, 2021
Bookrunners:	Barclays, BMO Capital Markets Corp., J.P. Morgan Securities plc, Nomura Securities International, Inc.
Coupon:	1.125%
Spread:	Treasuries plus 17.45 bps
Trade date:	July 13
Ratings:	Moody’s: Aaa
	S&P: AAA
Distribution:	SEC-exempt
Price guidance:	Mid-swaps plus 21 bps area

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