The Firm has represented underwriters in 12 public offerings of debt securities by KfW in 2018 (through August 21):
€5 billion of 0.625% Global Bonds due 2028 (which closed in January 2018)
$5 Billion 2.375% Global Notes due 2022 (which closed in January 2018)
$3 billion of 2.875% Global Notes due 2028 (which closed in January 2018)
$1.5 billion of 2.250% Global Notes due 2019 (which closed in February 2018)
€1 billion of 0.375% Global Bonds due 2023 (which closed in March 2018)
€4 billion of 0.125% Global Bonds due 2023 (which closed in March 2018)
$4 billion of 2.625% Global Notes due 2021 (which closed in April 2018)
$4 billion of 2.125% Global Notes due 2022 (which closed in April 2018)
€1 billion of 0% Global Bonds due 2022 (which closed in June 2018)
$4 billion of 2.750% Global Notes due 2020 (which closed in June 2018)
€5 billion of 0.125% Global Bonds due 2023 (which closed in June 2018)
€1 billion of 0.125% Global Bonds due 2020 (which closed in August 2018)
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, Carol Daniel, J. John Lim, Surya Bala and John Loubriel (Capital Markets); and Meredith B. Jones, William Smolinski and Kelli Rivers (Tax).