White & Case advises bank syndicate on €3 billion tap issuance by German Federal Ministry of Finance

Global law firm White & Case LLP has advised a syndicate of banks on the €3 billion tap issuance by Germany’s Federal Ministry of Finance, which is represented by the Federal Republic of Germany - Finanzagentur GmbH (Finance Agency).

The Federal bond has a fixed coupon of 1.8% due 2053 and will be consolidated with the first €6.5 billion tranche issued in 2023.

The White & Case team in Frankfurt that advised on the transaction was led by partner Karsten Wöckener and included local partner Peter Becker and associates Daniel Gillenkirch and Darleen Stöckl.

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