White & Case advises bank syndicate on €4 billion German Federal green bond issuance

Global law firm White & Case LLP has advised a bank syndicate on the issuance of a €4 billion Federal green bond with a 15-year, 2 month and 5 day term and a fixed coupon of 2.60% by Germany's Federal Ministry of Finance, represented by the Federal Republic of Germany - Finanzagentur GmbH (Finance Agency).

The bond is part of the Federal Republic's "Twin Bond Concept" pursuant to which each Federal green bond has a conventional twin bond with the same commercial parameter.

The White & Case team in Germany which advised on the transaction was led by partner Karsten Wöckener and included local partner Felix Biedermann and transaction lawyer Nejc Jereb.

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