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Published on 2/19/2021 in the Prospect News Investment Grade Daily.

Rentenbank plans to sell $500 million of seven-year notes

By Devika Patel

Knoxville, Tenn., Feb. 19 – Landwirtschaftliche Rentenbank intends to price a $500 million offering of seven-year notes, according to an announcement.

The notes will be guaranteed by the Federal Republic of Germany.

Barclays, BofA Securities, Inc. and Deutsche Bank Securities Inc. are the managers.

The German development agency for agribusiness is based in Frankfurt.


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