Rentenbank announces plan to offer fixed-rate notes due 2023

By Devika Patel

Knoxville, Tenn., Nov. 5 – Landwirtschaftliche Rentenbank intends to price an offering of dollar-denominated fixed-rate notes due 2023, according to a 424B5 filing with the Securities and Exchange Commission.

The notes are not callable.

HSBC Securities (USA) Inc., RBC Capital Markets LLC, Societe Generale CIB and TD Securities (USA) LLC are the bookrunners.

Proceeds will be used to finance lending activities.

The German development agency for agribusiness is based in Frankfurt.

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