Rentenbank offers details on non-callable fixed-rate notes due 2027

By Devika Patel

Knoxville, Tenn., Nov. 7 – Landwirtschaftliche Rentenbank offered further details about a planned over-the-counter offering of guaranteed fixed-rate global notes due 2027, which will be guaranteed by Germany, according to a 424B5 filed with the Securities and Exchange Commission. The offering was announced on Monday.

The notes are non-callable.

The stabilization period began Nov. 6 and lasts 30 days after the notes are issued.

Barclays, BMO Capital Markets Corp., BofA Merrill Lynch and TD Securities (USA) LLC are the bookrunners.

Proceeds will be used for lending activities, including refinancing liabilities.

The German development agency for agribusiness is based in Frankfurt.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.