FWP 1 f01610fwp.htm FINAL TERM SHEET fwp
 

Filed pursuant to Rule 433
Registration No. 333-141868
April 18, 2007
(KFW LOGO)
Final Term Sheet
ZAR 2,000,000,000 8.50% Global Notes due July 16, 2010
     
Terms:
    
Issuer:
  KfW
 
    
Guarantor:
  Federal Republic of Germany
 
    
Aggregate Principal Amount:
  ZAR 2,000,000,000 
 
    
Denomination:
  ZAR 10,000 
 
    
Maturity:
  July 16, 2010 
 
    
Redemption Amount:
  100% 
 
    
Interest Rate:
  8.50% per annum, payable annually in arrears 
 
    
Date of Pricing:
  April 18, 2007 
 
    
Closing Date:
  April 26, 2007 
 
    
Interest Payment Dates:
  July 16 in each year 
 
    
First Interest Payment Date:
  July 16, 2007 
 
    
Currency of Payments:
  USD unless noteholder elects payment in ZAR
 
    
Business Day:
  For payments in USD: New York, Johannesburg and Frankfurt
For payments in ZAR: Johannesburg
 
    
Business Day Convention:
  Following, unadjusted
 
    
Day Count Fraction:
  Actual/Actual ICMA
 
    
Price to Public/Issue Price:
  99.46% 
 
    
Underwriting Commissions:
  0.25% 
 
    
Proceeds to Issuer:
  99.21% 
 
    
Format:
  SEC-registered global notes
 
    
Listing:
  Luxembourg Stock Exchange (regulated market)
 
    
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 (deliverable through CBL and Euroclear)
 
    
Selling Restrictions:
  European Economic Area, UK, Japan, Canada, Hong Kong, South Africa
 
    
CUSIP:
  500769CC6 
 
    
ISIN:
  US500769CC61 
 
    
Ratings of Issuer:
  AAA by Standard & Poor’s Rating Services, Aaa by Moody’s Investor
Services Limited and AAA by Fitch Ratings Limited.1
 
    
 
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.

 

 

     
 
    
Lead Managers:
  ABN AMRO Bank N.V.
UBS Limited
 
    
Co-lead Managers:
  Banca Caboto S.p.A.
Danske Bank A/S
Deutsche Bank AG, London Branch
HSBC Bank plc
Scotia Capital Inc.
TD Securities (Toronto Dominion)
 
    
Stabilization Manager:
  UBS Limited
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. Certain information on the notes is available under the following link:
KfW’s base prospectus relating to the notes is available through the following link:
Alternatively, the manager will arrange to send you the prospectus, which you may request by calling toll-free +1 888 722 9555 extension -1088.