KfW

2 billion US$ global bond of KfW International Finance
successfully issued
3-years US$ 2bn bond meets expectations of international capital markets

    Frankfurt (ots) - KfW International Finance has issued a global
bond with a volume of US$ 2 billion on September 24th, 2001. The bond
maturing on October 1 st, 2004 offers a coupon of 3,75 %. When
issued, it offered a spread of 91 basis points over the 2-years
US-Treasury bond. Lead-Manager of the transaction are Lehman Brothers
International and UBS Warburg. The other members of the issuing
consortium are BNP Paribas, Dresdner Kleinwort Wasserstein, HSBC CCF,
Nomura as well as Schroder SalomonSmithBarney.
    
    Last week KfW had announced a third issue within its
EURO-Benchmark Programme. The designated EURO 5 billion bond with a
maturity of 3 years will presumably be issued in October 2001. With
the issuing of its US$ 2 billion bond, which also has a maturity of 3
years, KfW yesterday accomodated the strong demand on AAA-rated bonds
in US$ of international investors as well.
    
    The individual conditions were defined as follows:
    
    Issuer:                         KfW International Finance Inc.
    Guarantor:                    KfW
    Volume:                         US$ 2 bn
    Term:                            October 1 st , 200 1 to October 1 st , 2004
    Coupon:                         3,75 % 20
    Re-offer-price:            99,7 1 6
    Yield:                          3,85 1 %
    Stock market listing:  Luxemburg
    Consortium:                  Lead Managers
                                         Lehman Brothers International 25
                                         UBS Warburg
                                         Co-Lead Managers
                                         BNP Paribas
                                         Dresdner Kleinwort Wasserstein
                                         HSBC CCF 30
                                         Nomura
                                         Schroder SalomonSmithBarney
    
ots Originaltext: KfW
Internet: http://www.presseportal.de

For further information please contact:
Nathalie Drücke
Tel.: (069) 743 1 -2098
E-Mail: nathalie.druecke@kfw.de

Original-Content von: KfW, übermittelt durch news aktuell

Weitere Meldungen: KfW

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