The Firm represented underwriters in 18 public offerings of debt securities by KfW in 2012:
· $1,500,000,000 of Floating Rate Global Notes due 2014 (which closed in November 2012);
· €5,000,000,000 of 1.25% Global Bonds due 2019 (which closed in October 2012);
· $3,000,000,000 of 2.00% Global Notes due 2022 (which closed in October 2012);
· €5,000,000,000 of 0.875% Global Bonds due 2017 (which closed in September 2012);
· $3,000,000,000 of 0.875% Global Notes due 2017 (which closed in September 2012);
· €1,000,000,000 of 1.875% Global Bonds due 2019 (which closed in July 2012);
· $500,000,000 of 1.625% Global Notes due 2015 (which closed in June 2012);
· €5,000,000,000 of 0.625% Global Bonds due 2015 (which closed in May 2012);
· $4,000,000,000 of 0.625% Global Notes due 2015 (which closed in April 2012);
· $750,000,000 of Floating Rate Global Notes due 2014 (which closed in March 2012);
· €4,000,000,000 of 1.875% Global Bonds due 2019 (which closed in March 2012);
· $1,000,000,000 of Floating Rate Global Notes due 2015 (which closed in March 2012);
· €5,000,000,000 of 1.375% Global Bonds due 2017 (which closed in February 2012);
· $5,000,000,000 of 1.25% Global Notes due 2017 (which closed in February 2012);
· $3,000,000,000 of 2.625% Global Notes due 2022 (which closed in January 2012);
· $1,250,000,000 of Floating Rate Global Notes due 2014 (which closed in January 2012);
· €4,000,000,000 of 2.50% Global Bonds due 2022 (which closed in January 2012); and
· $4,500,000,000 of 1.00% Global Notes due 2015 (which closed in January 2012).
The lead underwriters for these offerings have varied and have included most of the “bulge bracket” Wall Street and European firms.
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 Glenn M. Reiter, Till Lefranc, Federico Fruhbeck and Nicolas Wehrli (Capital Markets); Meredith B. Jones and Sean M. FitzGerald (Tax).
