KfW talks benchmark five-year notes at mid-swaps plus 3 bps area; pricing Tuesday

By Aleesia Forni

Virginia Beach, June 8 – KfW (Aaa/AAA/) set price talk on Monday for a benchmark issue of five-year global notes in the area of mid-swaps plus 3 basis points, according to a market source.

The deal is expected to price on Tuesday.

The bookrunners are Goldman Sachs & Co., J.P. Morgan Securities LLC and TD Securities.

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.