Global law firm White & Case LLP has played an advisory role for a bank syndicate in the issuance of a €4.5 billion federal bond by Germany’s Federal Ministry of Finance. The bond, which carries a term of 31 years and three months, features a fixed coupon rate of 2.90%. The issuance was managed through the Federal Republic of Germany – Finanzagentur GmbH, commonly referred to as the Finance Agency.
The legal team from White & Case’s Frankfurt office was led by partner Karsten Wöckener. He was supported by local partner Felix Biedermann and associates Darleen Stöckl and Domenik Mack in this transaction.