News & Events

The Firm has represented underwriters in 15 public offerings of debt securities by KfW in 2015:

• €1.5 billion of 0.625% Global Notes due 2022 (which closed in November 2015);
• $1 billion of 1.875% Global Notes due 2020 (which closed in November 2015);
• $4 billion of 1.125% Global Notes due 2018 (which closed in October 2015);
• €5 billion of 0% Global Bonds due 2018 (which closed in October 2015);
• €5 billion of 0.125% Global Bonds due 2020 (which closed in August 2015);
• $6 billion of 0.625% Global Notes due 2018 (which closed in July 2015);
• €2 billion of 0.625% Global Bonds due 2022 (which closed in June 2015);
• $4 billion of 1.875% Global Notes due 2020 (which closed in June 2015);
• C$1 billion of 1.375% Global Notes due 2020 (which closed in June 2015);
• $3 billion of 2% Global Notes due 2025 (which closed in April 2015);
• $5 billion of 1.5% Global Notes due 2020 (which closed in April 2015);
• $1 billion of 0.5% Global Notes due 2016 (which closed in March 2015);
• C$500 million of 1.375% Global Notes due 2020 (which closed in January 2015);
• $3 billion of 1% Global Notes due 2018 (which closed in January 2015); and
• €3 billion of 0.625% Global Bonds due 2025 (which closed in January 2015).

The lead underwriters for these offerings have varied and have included many of the leading U.S., Canadian 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, Nicolas Wehrli, Adam Wollstein, Sven Frode Frølund and Anna Maria Galinska (Capital Markets); and Meredith B. Jones and Joseph Tootle (Tax).