White & Case Advises Bank Syndicate on €6B German Federal Bond.
White & Case LLP has successfully advised a bank syndicate on the issuance of a €6 billion federal bond by Germany’s Federal Ministry of Finance, represented by the Federal Republic of Germany - Finanzagentur GmbH (Finance Agency). The bond, offering a fixed coupon of 2.90% and a term of 30 years and five months, is a significant event in the global sovereign debt market.
Key Details of the €6 Billion Bond Issuance
The €6 billion bond issued by the German government is notable not only for its size but also for its long-term nature. With a maturity of over 30 years, this sovereign bond offers investors a stable, long-term investment opportunity. The 2.90% fixed coupon provides an attractive return over the bond's lifetime, making it a key asset for those seeking stable, reliable income.
White & Case LLP, a global law firm, played a key advisory role in the bond issuance process. They advised the bank syndicate involved in raising funds for this large-scale financing deal. The firm’s expertise in navigating complex financial transactions made them a trusted partner for the syndicate.
Germany’s issuance of a €6 billion bond is not just a milestone for the nation’s finance ministry but also a reflection of the country’s strong economic standing and the trust investors place in its stability. With a 2.90% coupon rate, the bond presents a relatively attractive long-term investment, particularly in a global context where interest rates may fluctuate.
The Frankfurt-based team that led the advisory work was led by Karsten Wöckener, a partner with substantial experience in large financial transactions. He was supported by Felix Biedermann, a local partner, and Nejc Jereb, a transaction lawyer. Together, they provided legal guidance to ensure the smooth execution of the bond issuance.
White & Case LLP is a global law firm known for providing high-quality legal services to clients across a broad range of industries. Founded in 1901, the firm has grown to become one of the largest international law firms, with offices in over 40 locations worldwide. White & Case specializes in complex legal matters, including banking and finance, mergers and acquisitions, capital markets, dispute resolution, and regulatory compliance. The firm represents multinational corporations, governments, and financial institutions, offering expertise in cross-border transactions, international litigation, and arbitration. White & Case is renowned for its deep industry knowledge, innovative solutions, and commitment to delivering results for its clients.
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