IFC prices A$550 mln increase to 2014 Kangaroo issue - News

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IFC prices A$550 mln increase to 2014 Kangaroo issue

By: AFX | 06 Nov 2009 | 12:11 AM ET

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SYDNEY, Nov 6 (Reuters) - The International Finance Corporation (IFC) has priced a A$550 million ($500 million) increase to its 5.75 percent, June 2014 benchmark issue, lead managers ANZ and Commonwealth Bank said on Friday. The fixed-rate issue priced at 98.505 to yield 6.125 percent, 79.5 basis points over the June 2014 government bond. The IFC had originally offered a A$300 million increase. The total outstanding on this line has now risen to A$1.8 billion. The IFC is the World Bank's private-sector lender. (Reporting by Wayne Cole) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) Keywords: IFC BONDS/ (wayne.cole@reuters.com ; +61 2 9373 1813; Reuters Messaging: wayne.cole.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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