Published on 1/19/2018 in the Prospect News Investment Grade Daily.
New Issue: International Finance sells $2 billion 2.25% three-year notes at 99.706
By Devika Patel
Knoxville, Tenn., Jan. 19 – International Finance Corp. (Aaa/AAA) priced $2 billion of three-year Securities and Exchange Commission-exempt 2.25% global notes at 99.706 on Thursday, according to a market source.
J.P. Morgan Securities LLC is the stabilization coordinator.
Washington, D.C.-based International Finance is a member of the World Bank Group.
Issuer: | International Finance Corp.
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Amount: | $2 billion
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Description: | Securities and Exchange Commission-exempt global notes
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Maturity: | Jan. 25, 2021
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Stabilization coordinator: | J.P. Morgan Securities LLC
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Stabilization managers: | J.P. Morgan Securities LLC, BofA Merrill Lynch, Citigroup Global Markets Inc. and TD Securities (USA) LLC
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Coupon: | 2.25%
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Price: | 99.706
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Trade date: | Jan. 18
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Ratings: | Moody’s: Aaa
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| S&P: AAA
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