Land NRW and IFFIm print size in dollars amid fiery conditions

dollar_adobe_575x375_20
By Burhan Khadbai
14 Apr 2021

The State of North Rhine-Westphalia and the International Finance Facility for Immunisation attracted impressive demand in the dollar market on Wednesday, allowing them to print big deals in the currency.

Land NRW raised $1.75bn with an April 2026 benchmark at mid-swaps plus 5bp via BMO Capital Markets, Daiwa Capital Markets, Goldman Sachs, Morgan Stanley and RBC Capital Markets. The books closed at over $2.5bn.

It is Land NRW’s largest ever order book in ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial