ING Groep N.V. $1.25 Billion and €1.5 Billion Green Bond Offering
11/15/2018

Davis Polk advised the lead managers in connection with a green bond offering by ING Groep N.V. of $1.25 billion aggregate principal amount of 4.625% fixed-rate senior notes due 2026 and €1.5 billion aggregate principal amount of 2.500% fixed-rate senior notes due 2030 under its €55 billion program for the issuance of debt instruments. The dollar-denominated notes were issued pursuant to Rule 144A and Regulation S and the euro-denominated notes were issued pursuant to Regulation S under the Securities Act of 1933, as amended. The proceeds of the notes will be used to finance environmentally friendly projects.

ING Groep N.V. is a global financial institution based in The Netherlands that offers banking services worldwide to more than 37 million customers in over 40 countries.

The Davis Polk corporate team included partner Reuven B. Young, counsel Connie I. Milonakis and associate Alexander W. Simmonds. All members of the Davis Polk team are based in the London office.