FWP 1 f01698fwp.htm FINAL TERM SHEET fwp
 

CUSIP: 48245ABB6
ISIN: US48245ABB61 		  Filed pursuant to Rule 433
Registration No. 333-141868
(Relating to Prospectus Supplement dated April 9, 2007
and Prospectus dated April 9, 2007)
(KFW LOGO)
KFW US MTN
FINAL TERM SHEET
Dated June 15, 2007
 
     
Issuer: KfW
  Title of Securities: USD 300,000,000 Zero Coupon Callable Notes due June 22, 2037
 
    
Aggregate Principal Amount: USD 300,000,000
  Interest Rate: N/A
 
    
Original Issue Date: June 22, 2007
  Maturity Date: June 22, 2037
 
    
Interest Commencement Date: June 22, 2007
  Final Redemption Price: 100%
 
Payments:
    First Interest Payment Date: N/A
Interest Payment Date(s): N/A
Redemption: x Yes o No
    Redemption Commencement Date (as provided in para. 3 of §7 of the Conditions):
Redemption Date(s) (as provided in para. 2 of §7 of the Conditions): June 22, 2012 and semi-annually thereafter (each December 22 and June 22)
Minimum Redemption Notice Period: 10 Business Days
Redemption Price (expressed as a percentage of the Aggregate Principal Amount to be redeemed): According to attached Accretion Schedule
Repayment: o Yes x No
    Repayment Date(s):
Minimum Repayment Notice Period:
Repayment Price (expressed as a percentage of the Aggregate Principal Amount to be repaid):           
Specified Currency: U.S. dollars for all payments unless otherwise specified below:
    Payments of principal and any premium:           
Payments of interest:           
Authorized Denomination: USD 1,000
Exchange Rate Agent:           
Original Issue Discount Note (“OID”): x Yes o No
    Total Amount of OID:           
Yield to Maturity: 7.0% per annum, accreting semi-annually
Initial Accrual Period OID:           
Day Count Fraction: 30/360 (as provided in para. 2 of §3 of the Conditions)
Business Day Convention:   Following Business Day Convention; no adjustment of interest (as provided in para. “Payments due on a Business Day” of §5 of the Conditions);

 

 

Other Terms of Notes: Accretion Schedule:
                 
            Redemption Price
            (percentage of Aggregate
Redemption Date   Amount (USD)   Principle Amount)
June 22, 2012
     53,716,012.36       17.905337453 %
Dec 22, 2012
     55,596,072.79       18.532024264 %
June 22, 2013
     57,541,935.34       19.180645113 %
Dec 22, 2013
     59,555,903.08       19.851967692 %
June 22, 2014
     61,640,359.68       20.546786561 %
Dec 22, 2014
     63,797,772.27       21.265924091 %
June 22, 2015
     66,030,694.30       22.010231434 %
Dec 22, 2015
     68,341,768.60       22.780589534 %
June 22, 2016
     70,733,730.50       23.577910168 %
Dec 22, 2016
     73,209,411.07       24.403137024 %
June 22, 2017
     75,771,740.46       25.257246819 %
Dec 22, 2017
     78,423,751.37       26.141250458 %
June 22, 2018
     81,168,582.67       27.056194224 %
Dec 22, 2018
     84,009,483.07       28.003161022 %
June 22, 2019
     86,949,814.97       28.983271658 %
Dec 22, 2019
     89,993,058.50       29.997686166 %
June 22, 2020
     93,142,815.54       31.047605182 %
Dec 22, 2020
     96,402,814.09       32.134271363 %
June 22, 2021
     99,776,912.58       33.258970861 %
Dec 22, 2021
     103,269,104.52       34.423034841 %
June 22, 2022
     106,883,523.18       35.627841060 %
Dec 22, 2022
     110,624,446.49       36.874815497 %
June 22, 2023
     114,496,302.12       38.165434040 %
Dec 22, 2023
     118,503,672.69       39.501224231 %
June 22, 2024
     122,651,301.24       40.883767079 %
Dec 22, 2024
     126,944,096.78       42.314698927 %
June 22, 2025
     131,387,140.17       43.795713389 %
Dec 22, 2025
     135,985,690.07       45.328563358 %
June 22, 2026
     140,745,189.23       46.915063076 %
Dec 22, 2026
     145,671,270.85       48.557090283 %
June 22, 2027
     150,769,765.33       50.256588443 %
Dec 22, 2027
     156,046,707.12       52.015569039 %
June 22, 2028
     161,508,341.87       53.836113955 %
Dec 22, 2028
     167,161,133.83       55.720377943 %
June 22, 2029
     173,011,773.51       57.670591171 %
Dec 22, 2029
     179,067,185.59       59.689061862 %
June 22, 2030
     185,334,537.08       61.778179028 %
Dec 22, 2030
     191,821,245.88       63.940415294 %
June 22, 2031
     198,534,989.49       66.178329829 %
Dec 22, 2031
     205,483,714.12       68.494571373 %
June 22, 2032
     212,675,644.11       70.891881371 %
Dec 22, 2032
     220,119,291.66       73.373097219 %
June 22, 2033
     227,823,466.86       75.941155622 %
Dec 22, 2033
     235,797,288.21       78.599096068 %
June 22, 2034
     244,050,193.29       81.350064431 %
Dec 22, 2034
     252,591,950.06       84.197316686 %
June 22, 2035
     261,432,668.31       87.144222770 %
Dec 22, 2035
     270,582,811.70       90.194270567 %

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            Redemption Price
            (percentage of Aggregate
Redemption Date   Amount (USD)   Principle Amount)
June 22, 2036
     280,053,210.11       93.351070037 %
Dec 22, 2036
     289,855,072.46       96.618357488 %
Maturity Date
     300,000,000.00       100.000000000 %
Price to Public: 12.693430586%, plus accrued interest, if any, from June 22, 2007.
Dealer: Deutsche Bank Securities Inc.
     Terms left blank or marked “N/A,” “No,” “None” or in a similar manner shall not apply to the issue of Notes except as may otherwise be specified.
     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. Alternatively, any dealer participating in the offering will arrange to send you the prospectus, which you may request by calling toll-free 1(800) 503-4611.

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