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Published on 1/9/2013 in the Prospect News Investment Grade Daily.

New Issue: Germany's KfW prices $4 billion 2.125% 10-year global notes at 99.731

By Andrea Heisinger

New York, Jan. 9 - Germany's KfW was in the market on Wednesday with a $4 billion sale of 2.125% 10-year global notes (Aaa/AAA/AAA) priced at 99.731, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by the Federal Republic of Germany.

Bookrunners were BNP Paribas Securities Corp., Goldman Sachs International and J.P. Morgan Securities LLC.

The government-owned development bank is based in Frankfurt.

Issuer:KfW
Guarantor:Federal Republic of Germany
Issue:Global notes
Amount:$4 billion
Maturity:Jan. 17, 2023
Bookrunners:BNP Paribas Securities Corp., Goldman Sachs International, J.P. Morgan Securities LLC
Coupon:2.125%
Price:99.731
Call:Non-callable
Trade date:Jan. 9
Settlement date:Jan. 17
Ratings:Moody's: Aaa
Standard & Poor's: AAA
Fitch: AAA

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