World Bank Issues Colombian Peso-linked Eurobond
Washington, DC, September 16, 2009 –
Today, the World Bank (International Bank for Reconstruction and Development, rated Aaa/AAA), launched a Colombian Peso (COP) 7% FX-linked eurobond for its European and Japanese institutional investor base via J.P. Morgan Securities as the underwriter.
Amount: COP *150 billion
Settlement Date: September 30, 2009
Maturity Date: September 10, 2012
Issue Price: 100%
Coupon: 7% annually
Denomination: COP 10,000
Listing: Luxembourg Stock Exchange
Clearing Systems: Euroclear and Clearstream
* The principal amount of the bond was increased on December 18, 2009 by a second tranche for an amount of COP 50 billion with an issue price of 104% (settlement date: December 29, 2009). On June 10, 2010, the principal amount was further increased by the launch of a third tranche for an amount of COP 95 billion with an issue price of 105.75% (settlement date: June 18, 2010). The new total outstanding principal amount of the bond is COP 295 billion.
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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