KfW on tap with dollar global notes due 2028 talked at SOFR mid-swaps plus 36 bps area

By Marisa Wong and Cristal Cody

Los Angeles, May 24 – KfW is on deck on Wednesday with an offering of dollar-denominated global notes due June 15, 2028, according to a market source.

Initial price talk is in the SOFR mid-swaps plus 36 basis points area.

BMO Capital Markets, Citigroup and Goldman Sachs are the bookrunners.

KfW is a government-backed bank based in Frankfurt.

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