New Issue: KfW sells $4 billion 3.125% long three-year global notes at 99.898

By Devika Patel

Knoxville, Tenn., Oct. 10 – KfW (Aaa/AAA/AAA) priced $4 billion of 3.125% global notes Dec. 15, 2021 on Wednesday at 99.898, according to an FWP filed with the Securities and Exchange Commission.

BofA Merrill Lynch, Nomura Securities International, Inc. and TD Securities (USA) LLC are the lead managers.

KfW is a government-backed bank based in Frankfurt. The notes will be guaranteed by the Federal Republic of Germany.

Issuer:	KfW
Guarantor:	Federal Republic of Germany
Description:	Global notes
Amount:	$4 billion
Maturity:	Dec. 15, 2021
Bookrunners:	BofA Merrill Lynch, Nomura Securities International, Inc. and TD Securities (USA) LLC
Coupon:	3.125%
Price:	99.898
Trade date:	Oct. 10
Settlement date:	Oct. 17
Ratings:	Moody’s: Aaa
	S&P: AAA
	Scope: AAA
Distribution:	SEC registered

© 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.