May 30, 2019 | Cbonds
IFC is a leading issuer of bonds in the international markets, having a stable credit rating at AAA level from the international rating agencies S&P and Moody's. IFC has been recognized by leading industry bodies and received a number of awards for its activities in the issue of bonds.
In May, IFC issued its first hryvnia bond. The bonds were placed among international investors who wanted to increase investments in fixed income instruments in emerging markets. The funds raised from the placement will be used to continue working on the IFC's long-term goals to create jobs, support economic development and achieve common prosperity. This issue created another option for our investment funding and allowed us to meet the growing demand of investors for emerging market bonds. The issue is part of the IFC's overall strategy to develop capital markets in emerging markets through the issue.
Such issues allow to:
• create catalytic effect on future corporate bond issues and facilitate the funding through the demonstration effect;
• test and improve the internal processes of the bond issue and encourage changes in regulation;
• provide access to a new generation of investors, especially international investors.
IFC places bonds in local currency in any member country in accordance with national legislation. Currently, IFC cooperates with local regulators in Ukraine on the issue of bonds.
IFC is one of the largest foreign investors in Ukraine and has already invested more than $3.3 billion of long-term investments in various economic sectors.
Issue: IFC, 15.75% 13may2020, UAH
|Status||Country of risk||Maturity (option)||Amount||Issue ratings (M/S&P/F)|
|Full company name||International Finance Corporation|
|Country of risk||USA|
|Country of registration||USA|