Wkly blog: KfW’s CEO: GB gets better price+investor diversity! KfW 1st kanga A$600($456m) goes bananas/OPIC 3rd 2015 offering $37.4m/More green US munis: Mass, Tacoma, Uni Arizona, Virginia Uni/ EIB’s impact reporting/CICERO’s green shades/WB’s Kyte call
Submitted on Wed, 2015-04-08 12:18Development bank issuance
Massive demand for KfW’s third green bond offering, and first ever kanga bond, sees it upsize to A$600m ($456m) and its still oversubscribed! 5.25yrs, AAA, 2.4% coupon
After a blazing entry to the green bond market last summer German development bank KfW continued to lead with a Kanga (Australian dollar denominated) bond to the tune of A$600m ($456m). It’s KfW’s first ever Australian dollar bond.
