By Wendy Van Sickle
Columbus, Ohio, Jan. 9 – KfW priced $5 billion of 4% global notes due March 15, 2029 (Aaa/AAA//Scope: AAA) at 99.465 on Tuesday, according to an FWP filing with the Securities and Exchange Commission.
Barclays, Citi, JPMorgan and Morgan Stanley are the bookrunners.
The SEC-registered notes will be listed on the regulated market of the Luxembourg Stock Exchange.
Germany is guaranteeing the issue.
KfW is a government-backed bank based in Frankfurt.
| Issuer: | KfW
|
| Guarantor: | Germany
|
| Amount: | $5 billion
|
| Issue: | Global notes
|
| Maturity: | March 15, 2029
|
| Bookrunners: | Barclays, Citi, JPMorgan and Morgan Stanley
|
| Counsel to issuer: | Sullivan & Cromwell LLP
|
| Counsel to underwriters: | Simpson Thacher & Bartlett LLP
|
| Coupon: | 4%
|
| Price: | 99.465
|
| Trade date: | Jan. 9
|
| Settlement date: | Jan. 17
|
| Ratings: | Moody’s: Aaa
|
| S&P: AAA
|
| Scope: AAA
|
| Distribution: | SEC registered
|
| Cusip: | 500769KC7
|
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