KfW offers $1 billion global notes due 2024 with initial talk at mid-swaps plus 11 bps area

By Cristal Cody

Tupelo, Miss., Jan. 15 – KfW (Aaa/AAA/AAA) intends to price $1 billion of five-year global notes on Tuesday, according to a market source.

The notes due Feb. 28, 2024 were initially talked to price with a spread in the mid-swaps plus 11 basis points area.

Barclays, BMO Capital Markets Corp. and Citigroup Global Markets Inc. are the lead managers.

KfW is a German government-backed bank 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.