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KfW starts marketing 2yr USD Global benchmark at MS-4 area
August 22, 2017 / 1:11 PM / a month ago

KfW starts marketing 2yr USD Global benchmark at MS-4 area

LONDON, Aug 22 (IFR) -

* IPTs MS-4 area. Pricing Wednesday. Due 9 Sep 2019, pay 30 Aug, long first coupon to 9 Mar 2018, SEC registered, Lux listing, 1k/1k denoms.

KfW, rated Aaa/AAA/AAA (all stable; Moody‘s/Scope/S&P) and guaranteed by the FEDERAL REPUBLIC OF GERMANY has mandated BofAML, BNPP, and JPM to lead manage its upcoming 2-year SEC Registered USD Global benchmark transaction. The issue is expected to be launched in the near future subject to market conditions. FCA/ICMA stabilisation. (Reporting by Julian Baker)

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