By Lisa Kerner
Charlotte, N.C., March 1 – International Bank for Reconstruction and Development (World Bank) issued a $40 million sustainable development bond to 77 Bank Ltd.
BNP Paribas arranged the private placement, according to a news release.
World Bank is based in Washington, D.C.
| Issuer: | International Bank for Reconstruction and Development (World Bank)
|
| Issue: | Sustainable development bond
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| Amount: | $40 million
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| Purchaser: | 77 Bank Ltd.
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| Distribution: | Private placement
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