By Cristal Cody
Tupelo, Miss., Aug. 11 – KfW (Aaa/AAA) sold $150 million of green bonds due Aug. 17, 2020 at par to yield 1.66%, according to an FWP filing and a 424B3 filing with the Securities and Exchange Commission.
J.P. Morgan Securities plc was the bookrunner.
The notes will be guaranteed by the Federal Republic of Germany.
Proceeds will be used in the general business of KfW.
KfW is a Frankfurt-based government-backed bank.
| Issuer: | KfW
|
| Guarantor: | Federal Republic of Germany
|
| Amount: | $150 million
|
| Description: | Green bonds
|
| Maturity: | Aug. 17, 2020
|
| Bookrunner: | J.P. Morgan Securities plc
|
| Coupon: | 1.66%
|
| Price: | Par
|
| Yield: | 1.66%
|
| Trade date: | Aug. 9
|
| Settlement date: | Aug. 17
|
| Ratings: | Moody’s: Aaa
|
| S&P: AAA
|
| Distribution: | SEC registered
|
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