ING Groep completed a $3.5 billion SEC-registered notes offering, consisting of $750 million of 4.858% callable fixed-to-floating rate senior notes due 2029, $1 billion of 5.066% callable fixed-to-floating rate senior notes due 2031, $1 billion of 5.525% callable fixed-to-floating rate senior notes due 2036 and $750 million of callable floating rate senior notes due 2029. The notes will be listed on the New York Stock Exchange.
The S&C team included William Torchiana, Evan Simpson, Federico Ferdinandi and Ting Ruan. Eric Wang, Saul Brander, Ted Danielson and Sizhuang Miao advised on U.S. tax matters.