ING Groep N.V. $1.5 Billion Perpetual Additional Tier 1 Contingent Convertible Capital Securities

Davis Polk advised the joint bookrunners in connection with an SEC-registered offering of $1.5 billion aggregate principal amount of 5.750% 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 38 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. Counsel Alon Gurfinkel and associate Omer Harel provided tax advice. All members of the Davis Polk team are based in the London office.