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2025-11-03 17:56:31
[KfW (Germany's Development Bank) Launches €500 Million Green Bond, Setting a New Benchmark for Sustainable Finance] ⑴ KfW appointed six joint lead managers to issue €500 million in long-term, five-year senior senior green bonds, explicitly stating that there are no additional issuance clauses. ⑵ The bonds will mature in February 2031, with a Moody's rating of Aa3 (stable outlook) and ESG ratings of C+ (industry-leading) and 20.5/100 dual certification. ⑶ The financing projects are 100% focused on wind and solar energy projects in Germany, fully complying with EU classification standards and ICMA green bond principles. ⑷ The issuance documents include a pre-issuance statement of EU green bonds and a verification report from ISS, achieving the highest industry standards of transparency. ⑸ The target customers for the bonds include qualified counterparties, professional clients, and retail clients, and the pricing process will be initiated soon based on market conditions. ⑹ This launch marks the formal entry of German policy banks into the ranks of certified issuers of European green bonds.
