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Published on 3/26/2009 in the Prospect News Investment Grade Daily.

New Issue: World Bank prices $6 billion 2% three-year notes at Treasuries plus 82.2 bps

By Andrea Heisinger

New York, March 26 - World Bank priced $6 billion of 2% three-year global notes Thursday at Treasuries plus 82.2 basis points, an informed source said.

The notes (Aaa/AAA) priced at 99.725 to yield 2.095%.

Bookrunners were Citigroup Global Markets Inc., HSBC Securities, J.P. Morgan Securities Inc. and RBS Greenwich Capital.

The international financial institution aids developing countries and is based in Washington, D.C.

Issuer:World Bank
Issue:Global notes
Amount:$6 billion
Maturity:April 2, 2012
Bookrunners:Citigroup Global Markets Inc., HSBC Securities, J.P. Morgan Securities Inc., RBS Greenwich Capital
Coupon:2%
Price:99.725
Yield:2.095%
Spread:Treasuries plus 82.2 bps
Trade date:March 26
Settlement date:April 2
Ratings:Moody's: Aaa
Standard & Poor's: AAA

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