The Firm represented underwriters in 15 public offerings of debt securities by KfW in 2011:
· $3,000,000,000 of 1.25% Global Notes due 2016 (which closed in October 2011)
· €5,000,000,000 of 2.00% Global Bonds due 2016 (which closed in September 2011)
· $2,000,000,000 of 2.375% Global Notes due 2021 (which closed in August 2011)
· €2,000,000,000 of 3.375% Global Bonds due 2021 (which closed in July 2011)
· $1,250,000,000 of Floating Rate Global Notes due 2013 (which closed in June 2011)
· €5,000,000,000 of 3.125% Global Bonds due 2018 (which closed in June 2011)
· $5,000,000,000 of 2.00% Global Notes due 2016 (which closed in June 2011)
· €5,000,000,000 of 3.125% Global Bonds due 2016 (which closed in April 2011)
· $4,000,000,000 of 1.50% Global Notes due 2014 (which closed in April 2011)
· $1,250,000,000 of Floating Rate Global Notes due 2014 (which closed in March 2011)
· €5,000,000,000 of 2.125% Global Bonds due 2014 (which closed in February 2011)
· $4,000,000,000 of 2.625% Global Notes due 2016 (which closed in February 2011)
· $1,500,000,000 of Floating Rate Global Notes due 2013 (which closed in January 2011)
· €4,000,000,000 of 3.375% Global Bonds due 2021 (which closed in January 2011)
· $5,000,000,000 of 1.375% Global Notes due 2014 (which closed in January 2011)
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, Luc Jansen, Wim De Vlieger, Till Lefranc, Nicolas Wehrli and Federico Fruhbeck (Capital Markets); Meredith B. Jones and Christian L. Miller (Tax).