By Andrea Heisinger
New York, Feb. 12 - KfW sold $500 million of three-year floating-rate notes at par to yield three-month Libor flat, according to an FWP filing with the Securities and Exchange Commission.
The notes (Aaa/AAA/AAA) are non-callable and have interest paid quarterly.
Credit Suisse Securities and Morgan Stanley & Co. were the bookrunners.
The German government-owned development bank is based in Frankfurt.
| Issuer: | KfW
|
| Issue: | Floating-rate notes
|
| Amount: | $500 million
|
| Maturity: | Feb. 22, 2013
|
| Bookrunners: | Credit Suisse Securities, Morgan Stanley & Co.
|
| Coupon: | Three-month Libor flat
|
| Price: | Par
|
| Yield: | Three-month Libor flat
|
| Call: | Non-callable
|
| Trade date: | Feb. 10
|
| Settlement date: | Feb. 22
|
| 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.
