By Andrea Heisinger
New York, Feb. 13 - Germany's KfW reopened an issue of floating-rate notes due in Jan. 23, 2015 on Wednesday to add $500 million, a market source said.
The notes (Aaa/AAA/AAA) were sold at 100.02 and have a coupon of one-month Libor plus 5 basis points.
Total issuance is $2 billion, including $1.5 billion priced on Jan. 15.
The notes are guaranteed by the Republic of Germany.
Goldman Sachs International and TD Securities were on the books.
The German government-owned development bank is based in Frankfurt.
| Issuer: | KfW
|
| Guarantor: | Republic of Germany
|
| Issue: | Floating-rate notes
|
| Amount: | $500 million, reopened
|
| Maturity: | Jan. 23, 2015
|
| Bookrunners: | Goldman Sachs International, TD Securities
|
| Coupon: | One-month Libor plus 5 bps
|
| Price: | 100.02
|
| Call: | Non-callable
|
| Trade date: | Feb. 13
|
| Settlement date: | Feb. 21
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
| Total issuance: | $2 billion, including $1.5 billion sold Jan. 15, 2013
|
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