The investment-grade notes are due 2026, 2028 and 2033

Davis Polk advised the joint book-running managers in connection with an SEC-registered offering of $1.25 billion aggregate principal amount of 3.869% callable fixed-to-floating-rate senior notes due 2026, $1.25 billion aggregate principal amount of 4.017% callable fixed-to-floating-rate senior notes due 2028, $1 billion aggregate principal amount of 4.252% callable fixed-to-floating-rate senior notes due 2033 and $500 million aggregate principal amount of callable floating-rate senior notes due 2026 by ING Groep N.V.

ING Groep N.V. is a global financial institution based in the Netherlands that offers banking services worldwide to around 38 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. All members of the Davis Polk team are based in the London office.