IFC prices A$550 mln increase to 2014 Kangaroo issue

Thu Nov 5, 2009 11:56pm EST
 
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 (For the latest Australia and New Zealand bond news, double
click on [AU/CRD] and then double click on the ID number)
 SYDNEY, Nov 6 (Reuters) - The International Finance
Corporation (IFC) has priced a A$550 million ($500 million)
increase to its 5.75 percent, June 2014 benchmark issue, lead
managers ANZ and Commonwealth Bank said on Friday.
 The fixed-rate issue priced at 98.505 to yield 6.125
percent, 79.5 basis points over the June 2014 government bond.
The IFC had originally offered a A$300 million increase.
 The total outstanding on this line has now risen to A$1.8
billion.
 The IFC is the World Bank's private-sector lender.
 (Reporting by Wayne Cole)



 

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