IFFIm hits screens ahead of US election

By Lewis McLellan
28 Oct 2020

The International Finance Facility for Immunisation is lining up its first dollar benchmark since April 2019, selling into a market crowded with borrowers looking for short dated taps.

IFFIm has mandated Crédit Agricole, Citi and TD Securities for a three year deal. The leads have offered initial price thoughts of 19bp area over mid-swaps. IFFIm is rated Aa1/AA/AA-.

The SSA dollar market is still pumping out deals at an impressive rate, although all are small, defensive trades, ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial