IFC Treasury & Mobilization’s Post

We continue funding for our 2025 fiscal year apace, this week taking advantage of an opportune time in the market to issue a 4-year floating rate note (FRN) linked to the Secured Overnight Finance Rate (SOFR) index.   The $800 million transaction attracted a diverse set of global investors seeking a high credit quality product in an FRN format.   Barclays, Citi and HSBC were joint lead managers for the transaction.   This is the first floating rate note that IFC - International Finance Corporation has issued since January 2023, and comes in the midst of a busy week post-summer in which we have issued in various markets, including benchmarks in British pounds, as well as local currency denominated bonds in Azerbaijani manat. Anilprem Sidhu Alex Paterson Valentino Di Rienzo Ebba Wexler Jack Francis Georgina Hearth Amy Greenwood Yuri Kuroki Flora Chao Tom Ceusters Ayelet Perlstein Obert Limbani Marsha Monteiro Laura Stirling Elena Panomarenko Roland Maassen

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Sampa Kang'ombe

PROJECTS | FINANCE | | CAPITAL MARKETS | MERGERS AND ACQUISITIONS

3w

I would kill to work on a transaction like this - IFC making moves. Incredibly wonderful.

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Jack Francis

SSA DCM/Syndicate at Citi

3w

Big congratulations to the IFC team for a fantastic trade! Thank you for including all of us at Citi

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