IBRD plans offering of two-, seven-year global notes

By Aleesia Forni

Virginia Beach, June 17 – The World Bank (the International Bank for Reconstruction and Development) is planning a two-part sale of two-year and seven-year global notes (Aaa/AAA/), an informed source said on Tuesday.

The bookrunners are Barclays, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Nomura.

The IBRD offers loans to developing countries and is based in Washington, D.C.

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