Frankfurt—Global law firm Dentons, with a team led by Oliver Dreher, has again advised the German Federal Finance Agency (Bundesrepublik Deutschland - Finanzagentur GmbH) on the successful placement of a syndicated federal bond. An existing federal bond was increased via the syndicate. The issuance volume was € 3 billion, thereby bringing total volume of the federal bond to € 22.5 billion. The federal bond has a 30-year term and carries an interest rate of 1.80%.

The placement with national and international investors was carried out by a syndicate of banks led by Deutsche Bank, J.P. Morgan, Morgan Stanley, NatWest Markets and Nomura.

Oliver Dreher and his team have already advised the Bundesrepublik Deutschland - Finanzagentur GmbH on numerous capital market transactions in the past, including the syndicated issues of various conventional and green German federal securities, most recently on the issue of a € 4.5 billion green German federal bond.

Advisers to Bundesrepublik Deutschland – Finanzagentur GmbH

Dentons (Frankfurt): Oliver Dreher (Lead Partner, Capital Markets), Philippa Münnich-Winter (Senior Associate, Capital Markets), Nadja Reiß (Associate, Capital Markets)

German Federal Finance Agency (inhouse): Bastian Martin, Dr. Arnd Düker

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