International Finance Corp. (IFC) regularly issues notes under its 1999 global medium-term note program. The face amounts of these issuances generally range from $5 million-$1 billion (or the equivalent in other currencies). Standard & Poor's Ratings Services's practice is not to issue separate rating letters for small issues under the program. However, as of the time of this report, Standard & Poor's rated IFC's program 'AAA', and any unsubordinated note issuances under the program are assigned the same rating. Such issuances are not obligations of the International Bank for Reconstruction and Development (World Bank) or of any government. Standard & Poor's maintains annual surveillance on program notes. Strong financial profile, including adequate capital and ample liquidity. Conservative statutory and management...
Companies mentioned in this report are:
- International Finance Corp.
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