KfW planning to price green bond offering

By Aleesia Forni

Virginia Beach, Sept. 19 – KfW (Aaa/AAA/AAA) is planning to bring to market an offering of fixed-rate green bonds, according to a FWP filed with the Securities and Exchange Commission.

The deal’s size is yet to be determined and will be subject to market conditions.

The notes will be guaranteed by the Federal Republic of Germany.

Proceeds will be used in KfW’s general business.

The German government-owned development bank is based in Frankfurt.

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