IFC prints A$150 million tap to June 2029 Kangaroo

Friday, 18 August 2023

Issuer name: International Finance Corporation
Issuer rating: AAA/Aaa
Issue rating: as issuer
Pricing date: 18 August 2023
Settlement date: 25 August 2023
Maturity date: 26 June 2029
Lead manager: Morgan Stanley

Transaction type: senior-unsecured Kangaroo bond
Volume: A$150 million (US$96.2 million)
Total outstanding in the line: A$1.5 billion
Coupon type: fixed
Coupon rate: 3.15%
Re-offer price: 92.218% (plus 60 days accrued)
Issue yield: 4.689%
Margin to swap: 38.7bp/s-q
Margin to ACGB: 63bp/April 2029