By Andrea Heisinger
New York, Jan. 11 - KfW sold $1.25 billion of two-year floating-rate global notes on Wednesday at par to yield Libor plus 18 basis points, according to an FWP filing with the Securities and Exchange Commission.
The notes (Aaa/AAA/AAA) are non-callable.
Bookrunners were Citigroup Global Markets Inc. and RBS Securities Inc.
The German government-owned development bank is based in Frankfurt.
| Issuer: | KfW
|
| Issue: | Floating-rate global notes
|
| Amount: | $1.25 billion
|
| Maturity: | Jan. 17, 2014
|
| Bookrunners: | Citigroup Global Markets Inc., RBS Securities Inc.
|
| Coupon: | Libor plus 18 bps
|
| Price: | Par
|
| Yield: | Libor plus 18 bps
|
| Call: | Non-callable
|
| Distribution: | Off shelf
|
| Trade date: | Jan. 11
|
| Settlement date: | Jan. 17
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
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