By Wendy Van Sickle
Columbus, Ohio, March 22 – Landwirtschaftliche Rentenbank priced a $650 million of 1% seven-year notes at 99.364, 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.
| Issuer: | Landwirtschaftliche Rentenbank
|
| Guarantor: | Federal Republic of Germany
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| Issue: | Notes
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| Amount: | $650 million
|
| Tenor: | Seven years
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| Managers: | Barclays, BofA Securities, Inc. and Deutsche Bank Securities Inc.
|
| Coupon: | 1%
|
| Price: | 99.364
|
| Announcement date: | March 22
|
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