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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.
Amount:$2 billion
Description:Securities and Exchange Commission-exempt global notes
Maturity:Jan. 25, 2021
Stabilization coordinator:J.P. Morgan Securities LLC
Stabilization managers:J.P. Morgan Securities LLC, BofA Merrill Lynch, Citigroup Global Markets Inc. and TD Securities (USA) LLC
Coupon:2.25%
Price:99.706
Trade date:Jan. 18
Ratings:Moody’s: Aaa
S&P: AAA

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