Rentenbank preparing to sell $500 million seven-year senior notes

By Devika Patel

Knoxville, Tenn., May 12 – Landwirtschaftliche Rentenbank intends to price $500 million of fixed-rate senior notes due May 21, 2029, according to an announcement.

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

Commerzbank, CIBC Capital Markets, Goldman Sachs Bank Europe SE and Standard Chartered Bank AG are the stabilization managers for the Regulation S notes.

The German development agency for agribusiness is based in Frankfurt.

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