KfW to price $1 billion sale of guaranteed fixed-rate notes due 2019

By Devika Patel

Knoxville, Tenn., Feb. 12 – KfW plans to offer $1 billion of fixed-rate notes due Nov. 5, 2019, according to a market source.

The deal was expected to price Monday.

Deutsche Bank Securities Inc., London branch, Goldman Sachs & Co. and Morgan Stanley & Co. LLC are the bookrunners.

KfW is a Frankfurt-based government-backed bank. The notes will be guaranteed by the Federal Republic of Germany.

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