KfW starts marketing benchmark euro-denominated green bond offering

Chicago, Sept. 25 – KfW (Aaa/AAA/AAA) is in the preliminary stages of offering a new benchmark euro-denominated green bond with a long seven-year tenor (with a March 24, 2031 maturity date), according to a market source.

Germany will guarantee the bonds.

BNP Paribas, Credit Agricole CIB, DZ Bank and Nomura will work as lead managers on the Regulation S deal.

Proceeds will be used to finance new eligible green projects.

KfW is a German government-backed bank based in Frankfurt.

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