New Issue: KfW sells $4 billion of 1.5% three-year notes at 99.933

By Andrea Heisinger

New York, March 29 - Germany's KfW sold $4 billion of 1.5% three-year global notes on Tuesday at 99.933, according to an FWP filing with the Securities and Exchange Commission.

The notes (Aaa/AAA/AAA) are non-callable.

Credit Suisse Securities LLC, Goldman Sachs & Co. and J.P. Morgan Securities LLC were the bookrunners.

Co-managers were Barclays Capital Inc., BNP Paribas Securities Corp., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., HSBC Securities, Mizuho International plc, Morgan Stanley & Co., Inc., RBC Capital Markets Corp., RBS Securities Inc. and UBS Securities LLC.

The development bank is based in Frankfurt.

Issuer:	KfW
Issue:	Global notes
Amount:	$4 billion
Maturity:	April 4, 2014
Bookrunners:	Credit Suisse Securities LLC, Goldman Sachs & Co., J.P. Morgan Securities LLC
Co-managers:	Barclays Capital Inc., BNP Paribas Securities Corp., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., HSBC Securities, Mizuho International plc, Morgan Stanley & Co., Inc., RBC Capital Markets Corp., RBS Securities Inc., UBS Securities LLC
Coupon:	1.5%
Price:	99.933
Call:	Non-callable
Trade date:	March 29
Settlement date:	April 4
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.