World Bank Launches Bond in Brazilian Real
Washington, DC, August 10, 2009 –
Today, the World Bank launched a Brazilian Real (BRL) 3-year note. The notes will be placed with Japanese investors via JP Morgan as the sole lead manager. All payments will be made in US Dollars (USD), as more fully described in the terms of the notes.
Amount: BRL *425 million
Settlement Date: August 20, 2009
Maturity Date: June 15 , 2012
Issue Price: 100%
Coupon: 8.75% annually
Denomination: BRL 5,000
Clearing Systems: Euroclear and Clearstream
*On August 21, 2009, IBRD agreed to increase the nominal amount of the notes with a second tranche for an amount of BRL 100 million with an issue price of 100% (settlement date: September 8, 2009). The new total outstanding principal amount is BRL 525 million.
The World Bank's bond products and investor presentation can be accessed through the website of the World Bank for bond investors (www.worldbank.org/debtsecurities). For a list of selected bonds issued recently by the World Bank, see: http://treasury.worldbank.org/recentissues.
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