New Issue: KfW prices $4 billion in two-year 4.5% global notes at par

By Andrea Heisinger

Omaha, Sept. 12 - KfW priced $4 billion in two-year 4.5% global notes Wednesday at par, according to a filing with the Securities and Exchange Commission.

The notes are rated Aaa/AAA/AAA.

Lead managers were Credit Suisse Securities LLC, Goldman, Sachs International and HSBC, with Credit Suisse as stabilizing manager.

KfW is a development bank owned by the German government and is based in Frankfurt.

Issuer:	KfW
Issue:	Global notes
Amount:	$4 billion
Maturity:	Sept. 21, 2009
Lead managers:	Credit Suisse Securities LLC, Goldman, Sachs International, HSBC
Coupon:	4.5%
Price:	Par
Trade date:	Sept. 12
Settlement date:	Sept. 19	(long first coupon to March 21, 2008)
Ratings:	Moody's: Aaa
	Standard & Poor's: AAA
	Fitch: AAA

© 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.