FWP 1 f03771fwp.htm FINAL TERM SHEET fwp
Filed pursuant to Rule 433
Registration No. 333-174268
July 4, 2011
(KFW LOGO)
Final Term Sheet
EUR 2,000,000,000 3.375% Global Bonds due 2021
To be fungible with and form a single issuance with KfW’s EUR 4,000,000,000
3.375% Global Bonds due 2021 issued on January 18, 2011
     
Terms:
    
 
    
Issuer:
  KfW
 
    
Guarantor:
  Federal Republic of Germany
 
    
Aggregate Principal Amount:
  EUR 2,000,000,000
 
    
Denomination:
  EUR 1,000
 
    
Maturity:
  January 18, 2021
 
    
Redemption Amount:
  100% 
 
    
Interest Rate:
  3.375% per annum, payable annually in arrears
 
    
Date of Pricing:
  July 4, 2011
 
    
Closing Date:
  July 11, 2011
 
    
Interest Payment Dates:
  January 18 in each year
 
    
Accrued Interest:
  EUR 32,178,082.19 from, and including, January 18, 2011, to, but excluding, July 11, 2011 (for aggregate principal amount of EUR 2,000,000,000)
 
    
Currency of Payments:
  EUR to CBF
USD to DTC bondholder unless the bondholder elects EUR
 
    
Price to Public/Issue Price:
  99.075%, plus Accrued Interest
 
    
Underwriting Commissions:
  0.175% 
 
    
Proceeds to Issuer:
  98.900%, plus Accrued Interest
 
    
Format:
  SEC-registered global notes
 
    
Listing:
  Frankfurt Stock Exchange (regulated market)
 
    
Business Day:
  For payments in EUR: Frankfurt
For payments in USD: Frankfurt and New York
 
    
Business Day Convention:
  Following, unadjusted
 
    
Day Count Fraction:
  Actual/Actual ICMA
 
    
Governing Law/Jurisdiction:
  German Law; District Court Frankfurt am Main
 
    
Gross-Up:
  No gross-up if tax deduction or withholding is imposed
 
    
Cross-Default:
  None
 
    
Clearing System:
  DTC, CBF (CBL, Euroclear)
 
    
Selling Restrictions:
  European Economic Area, UK, Japan, Canada, Hong Kong
 
    
ISIN:
  DE000A1EWEJ5

 

 

     
Ratings of Issuer:
  AAA by Standard & Poor’s, Aaa by Moody’s Investors Service and AAA
by Fitch Ratings.1
 
    
Managers:
  Deutsche Bank
HSBC
UBS Investment Bank
 
    
Stabilization Manager:
  Deutsche Bank Aktiengesellschaft
 
    
Registrar and Paying Agent:
  Deutsche Bank Aktiengesellschaft
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov. The prospectus supplement relating to the notes is available under the following link: http://www.sec.gov/Archives/edgar/data/821533/000104746911005440/a2204290z424b3.htm. KfW’s base prospectus relating to the notes is available through the following link: http://www.sec.gov/Archives/edgar/data/821533/000104746911005435/a2204267z424b3.htm. Alternatively, Deutsche Bank will arrange to send you the prospectus, which you may request by calling toll-free +1-800-503-4611.
 
1   A security rating is not a recommendation to buy, sell or hold securities. Ratings are subject to revision or withdrawal at any time by the assigning rating organization. Each rating should be evaluated independently of any other rating.