New Issue: International Finance sells $500 million 1.75% three-year notes at 22.3 bps spread

By Cristal Cody

Tupelo, Miss., March 21 – International Finance Corp. (Aaa/AAA) priced a $500 million offering of 1.75% three-year notes on Tuesday at a spread of Treasuries plus 22.3 basis points, according to a market source.

Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc. and J.P. Morgan Securities LLC were the bookrunners.

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

Issuer:	International Finance Corp.
Amount:	$500 million
Description:	Notes
Maturity:	March 30, 2020
Bookrunners:	Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc. and J.P. Morgan Securities LLC
Coupon:	1.75%
Spread:	Treasuries plus 22.3 bps
Trade date:	March 21
Ratings:	Moody’s: Aaa
	S&P: AAA

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