The Firm represented underwriters in 18 public offerings of debt securities by KfW in 2013:
· $4,000,000,000 of 0.625% Global Notes due 2016 (which closed in October 2013);
· €5,000,000,000 of 1.125% Global Bonds due 2018 (which closed in October 2013);
· $1,000,000,000 of Floating Rate Global Notes due 2014 (which closed in October 2013);
· $3,000,000,000 of 2.750% Global Notes due 2020 (which closed in September 2013);
· €3,000,000,000 of 2.125% Global Bonds due 2023 (which closed in September 2013);
· $5,000,000,000 of 0.500% Global Notes due 2015 (which closed in July 2013);
· C$750,000,000 of 1.750% Global Notes due 2016 (which closed in July 2013);
· $1,000,000,000 of Floating Rate Global Notes due 2015 (which closed in July 2013);
· €4,000,000,000 of 0.875% Global Bonds due 2018 (which closed in June 2013);
· C$1,000,000,000 of 1.875% Global Notes due 2018 (which closed in June 2013);
· $3,000,000,000 of 1.000% Global Notes due 2018 (which closed in May 2013);
· $1,000,000,000 of 0.283% Global Notes due 2014 (which closed in May 2013);
· $5,000,000,000 of 0.500% Global Notes due 2016 (which closed in February 2013);
· $500,000,000 of Floating Rate Global Notes due 2015 (which closed in February 2013);
· €4,000,000,000 of 0.500% Global Bonds due 2016 (which closed in February 2013);
· $1,500,000,000 of Floating Rate Global Notes due 2015 (which closed in January 2013);
· $4,000,000,000 of 2.125% Global Notes due 2023 (which closed in January 2013); and
· €5,000,000,000 of 1.125% Global Bonds due 2020 (which closed in January 2013)
The lead underwriters for these offerings have varied and have included most of the major Wall Street and European banks.
KfW, also known as Kreditanstalt für Wiederaufbau, is a development bank owned by the Federal Republic of Germany and the German federal states. KfW serves domestic and international public policy objectives of the German government.
The Simpson Thacher team for these transactions included Mark Brod, Till Lefranc, Federico Fruhbeck, Nicolas Wehrli and Adam Wollstein (Capital Markets); Meredith B. Jones and Sean M. FitzGerald (Tax).