Filed pursuant to Rule 433
Registration No. 333-234161
FINAL TERM SHEET
Dated March 23, 2021
Issuer: | Landwirtschaftliche Rentenbank |
Title of securities: | $1,750,000,000 0.875% Notes due 2026 |
Status of the notes: | The notes will constitute senior, unsecured obligations of the Issuer and rank pari passu with all other senior obligations outstanding |
Aggregate principal amount: | $1,750,000,000 |
Denomination: | $1,000 and multiples thereof |
Settlement date: | March 30, 2021 |
Maturity date: | March 30, 2026 |
Interest: | 0.875% p.a., payable semi-annually, accruing from settlement date, on a 30/360 day count basis, following unadjusted business day convention |
Business Days: | TARGET and New York |
Interest Payment Dates: | March 30 and September 30 of each year, commencing September 30, 2021 |
Issue price: | 99.591% |
Fees: | 0.125% |
Net proceeds: | $1,740,655,000 |
CUSIP: | 515110CA0 |
ISIN Number: | US515110CA00 |
Ratings of the Issuer:1 | AAA by Standard & Poor’s, Aaa by Moody’s Investors Service and AAA by Fitch Ratings. |
Lead Managers: | BofA Securities Europe SA Citigroup Global Markets Europe AG J.P. Morgan AG NatWest Markets N.V. |
Listing: | Regulated market of the Luxembourg Stock Exchange |
The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for this offering. Before you invest, you should read the prospectus for this offering in that registration statement, and other documents the issuer has filed with the SEC (including any related free-writing prospectus, preliminary prospectus supplement or preliminary pricing supplement, as applicable), for more complete information about the issuer and this offering. You may get these documents, as well as the final prospectus, prospectus supplement or pricing supplement (when completed), as applicable (such preliminary and final documentation together the Offering Documentation) for free by searching the SEC online database at: www.sec.gov (and more specifically, at the URL link http://www.sec.gov/cgi-bin/browse-edgar?company=landwirtschaftliche%20rentenbank). Alternatively, any Lead Manager participating in the offering will arrange to send you the prospectus, which you may request by calling +1-212-834-4533.
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| 1 | A security rating is not a recommendation to buy, sell or hold securities. Ratings are subject to revision or withdrawal at any time by the assigning rating organization. Each rating should be evaluated independently of any other rating. |