Published on 9/23/2015 in the Prospect News Agency DailyProspect News Investment Grade Daily.
New Issue: World Bank prices $1.25 billion two-year floating-rate global notes at Libor flat
By Aleesia Forni
Virginia Beach, Sept. 23 – International Bank for Reconstruction and Development (World Bank) priced a $1.25 billion offering of two-year floating-rate global notes at par to yield Libor flat, according to a company news release.
Pricing was in line with talk.
Bookrunners for the issue (Aaa/AAA/AAA) are BMO Capital, Credit Suisse and Goldman Sachs & Co.
The issuer is based in Washington, D.C.
Issuer: | International Bank for Reconstruction and Development
|
Amount: | $1.25 billion
|
Description: | Floating-rate global notes
|
Maturity: | Sept. 30, 2017
|
Bookrunners: | BMO Capital, Credit Suisse, Goldman Sachs & Co.
|
Coupon: | Libor flat
|
Price: | Par
|
Yield: | Libor flat
|
Trade date: | Sept. 23
|
Settlement date: | Sept. 30
|
Ratings: | Moody’s: Aaa
|
| Standard & Poor’s: AAA
|
| Fitch: AAA
|
Price guidance: | Libor flat area
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.