The Firm has represented underwriters in 12 public offerings of debt securities by KfW in 2017 (through July 17):
€5 billion of 0.125% Global Bonds due 2024 (which closed in January 2017)
$5 billion of 2.125% Global Notes due 2022 (which closed in January 2017)
$1 billion of 1.25% Global Notes due 2018 (which closed in February 2017)
€5 billion of 0.625% Global Bonds due 2027 (which closed in February 2017)
$4 billion of 1.75% Global Notes due 2020 (which closed in March 2017)
€1.5 billion of 2.125% Global Bonds due 2023 (which closed in March 2017)
$4 billion of 2.125% Global Notes due 2022 (which closed in April 2017)
€5 billion of 0% Global Bonds due 2022 (which closed in April 2017)
$5 billion of 1.625% Global Notes due 2020 (which closed in May 2017)
€1 billion of 1.5% Global Bonds due 2024 (which closed in June 2017)
$1 billion of 1.375% Global Notes due 2018 (which closed in June 2017)
€5 billion of 0.125% Global Bonds due 2024 (which closed in July 2017)
The lead underwriters for these offerings have varied and have included many of the leading U.S., European and Canadian 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, Adam Wollstein, Sven Frode Frølund, Anna Pollak, Jakob Egle and Philipp Nuernberger (Capital Markets); and Meredith B. Jones and Joseph Tootle (Tax).