The Firm has represented underwriters in twelve public offerings of debt securities by KfW in 2009 to date:
· $3,000,000,000 of 2.75% Global Notes Due 2014 (which closed in October 2009);
· $1,000,000,000 of 3.50% Global Notes Due 2014 (which closed in July 2009);
· $3,000,000,000 of 4.875% Global Notes Due 2019 (which closed in June 2009);
· €5,000,000,000 of 2.25% Global Bonds Due 2012 (which closed in May 2009);
· $3,000,000,000 of 2.25% Global Notes Due 2012 (which closed in April 2009);
· €3,000,000,000 of 3.875% Global Bonds Due 2019 (which closed in April 2009);
· $4,000,000,000 of 3.50% Global Notes Due 2014 (which closed in March 2009);
· €5,000,000,000 of 3.125% Global Bonds Due 2014 (which closed in February 2009);
· EGP925,000,000 of 18.50% Global Notes Due 2010 (which closed in February 2009);
· $2,000,000,000 of 1.875% Global Notes Due 2011 (which closed in February 2009);
· €3,000,000,000 of 3.875% Bonds Notes Due 2019 (which closed in January 2009); and
· $5,000,000,000 of 2.00% Global Notes Due 2012 (which closed in January 2009).
The EGP925 million of 18.50% Global Notes Due 2010 was the first-ever offering of Egyptian pound-denominated notes that was registered with the U.S. Securities and Exchange Commission.
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 (Capital Markets – New York), Harald Zeiter and Susanne Lenz (Capital Markets – London) and Meredith B. Jones and Seojung Park (Tax – London).