E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/19/2012 in the Prospect News Agency DailyProspect News Investment Grade Daily.

KfW talks $1 billion two-year floaters at Libor plus 9 bps area

By Andrea Heisinger

New York, Nov. 19 - KfW is preparing a $1 billion offering of two-year floating-rate notes (Aaa/AAA/AAA) with pricing expected on Tuesday, a market source said.

The floaters have guidance in the Libor plus 9 basis points area, the source said.

Bookrunners are BNP Paribas Securities Corp., Deutsche Bank Securities Inc. and Goldman Sachs & Co.

The German government-owned development bank 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.