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Rentenbank intends to sell $250 million five-year floaters at Libor plus 24 bps
By Lisa Kerner
Charlotte, N.C., June 8 – Landwirtschaftliche Rentenbank announced it will offer $250 million of floating-rate notes due June 3, 2021 at Libor plus 24 bps.
J.P. Morgan Securities LLC, Barclays and Goldman Sachs International are the managers for the Rule 144A and Regulation S offering.
The notes are expected to price on Wednesday.
The German development agency for agribusiness is based in Frankfurt.
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