We advised the managers on the offering

Davis Polk advised the managers in connection with a Rule 144A / Regulation S senior notes offering by ING Bank N.V. of $1 billion aggregate principal amount of 4.555% fixed rate senior notes due 2029 and $1 billion aggregate principal amount of 4.711% fixed rate green senior notes due 2031 under its €70 billion program for the issuance of debt instruments. The proceeds of the 2029 notes will be used for general corporate purposes, and the proceeds of the green bond will be used to finance environmentally friendly projects.

ING Groep N.V. is a global financial institution with a strong European base, offering banking services through its operating company ING Bank N.V. The purpose of ING Bank N.V. is empowering people to stay a step ahead in life and in business. ING Bank N.V.’s more than 60,000 employees offer retail and wholesale banking services to customers in over 100 countries.

The Davis Polk capital markets team included partner Connie I. Milonakis and associates Gianna Ceophas and Shelby Young. Counsel Alon Gurfinkel and associate Ya Sheng Lin provided tax advice. Counsel John Taylor and associate Mary Valtas provided U.K. law advice. All members of the Davis Polk team are based in the London office.

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