KfW talks dollar notes due 2022 at mid-swaps plus 14 bps area; pricing Thursday

By Cristal Cody

Tupelo, Miss., Jan. 10 – KfW (Aaa/AAA/AAA) plans to price a benchmark-sized offering of global notes due Dec. 29, 2022 on Thursday, according to a market source.

The notes were initially talked to price with a spread in the mid-swaps plus 14 basis points area.

Barclays, Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC are the lead managers.

KfW is a government-backed bank based in Frankfurt.

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