By Andrea Heisinger
New York, Oct. 6 - KfW priced $250 million in seven-year floating-rate notes at par to yield three-month Libor plus 15 basis points, according to an FWP filing with the Securities and Exchange Commission.
The notes are non-callable and pay interest quarterly.
Deutsche Bank Securities was agent.
The government-owned development bank is based in Frankfurt, Germany.
| Issuer: | KfW
|
| Issue: | Floating-rate notes
|
| Amount: | $250 million
|
| Maturity: | Oct. 13, 2016
|
| Agent: | Deutsche Bank Securities
|
| Coupon: | Three-month Libor plus 15 bps
|
| Price: | Par
|
| Yield: | Three-month Libor plus 15 bps
|
| Call: | Non-callable
|
| Trade date: | Oct. 2
|
| Settlement date: | Oct. 13
|
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