We advised the underwriters on the SEC-registered offerings

Davis Polk advised the underwriters in connection with an SEC-registered offering of $1 billion aggregate principal amount of 3.875% perpetual additional Tier 1 contingent convertible capital securities and $1 billion aggregate principal amount of 4.250% perpetual additional Tier 1 contingent convertible capital securities of ING Groep N.V.

ING Groep N.V. is a global financial institution based in the Netherlands that offers banking services worldwide to more than 39 million customers in over 40 countries.

The Davis Polk corporate team included partner Reuven B. Young, counsel Connie I. Milonakis and associates Alexander W. Simmonds and Saratu M. Kitchener. Counsel Alon Gurfinkel and associate Omer Harel provided tax advice. European counsel John Taylor and associate Mark Chalmers provided U.K. and European Union law advice. All members of the Davis Polk team are based in the London office.