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Published on 3/16/2018 in the Prospect News Investment Grade Daily.

New Issue: International Finance sells $100 million 2.635% three-year medium-term notes at par

By Devika Patel

Knoxville, Tenn., March 16 – International Finance Corp. sold $100 million of 2.635% three-year global medium-term notes (Aaa/AAA) at par, according to a filing with the Securities and Exchange Commission.

HSBC Bank plc is the dealer.

Proceeds will be used for general operations.

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

Issuer:International Finance Corp.
Amount:$100 million
Description:Global medium-term notes
Maturity:March 9, 2021
Dealer:HSBC Bank plc
Coupon:2.635%
Price:Par
Yield:2.635%
Call:Non-callable
Pricing date:March 13
Settlement date:March 16
Ratings:Moody’s: Aaa
S&P: AAA

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