ING Groep N.V.’s $2 Billion Senior Debt Securities

Davis Polk advised the underwriters in connection with an SEC-registered offering of $1 billion aggregate principal amount of 3.550% fixed-rate senior notes due 2024 and $1 billion aggregate principal amount of 4.050% fixed-rate senior notes due 2029 of ING Groep N.V.

Citigroup Global Markets Inc., HSBC Securities (USA) Inc., ING Financial Markets LLC, J.P. Morgan Securities LLC, RBC Capital Markets, LLC, UBS Securities LLC, BMO Capital Markets Corp., DBS Bank Ltd., Lloyds Securities Inc. and Scotia Capital (USA) Inc. acted as underwriters in the deal.

ING Groep N.V. is a global financial institution based in The Netherlands that offers banking services worldwide to more than 37 million customers in over 40 countries.

The Davis Polk corporate team included partner Reuven B. Young (Picture), counsel Connie I. Milonakis and associates Ida Araya-Brumskine and Alexander W. Simmonds. Counsel Alon Gurfinkel provided tax advice.

Involved fees earner: Ida Araya-Brumskine – Davis Polk & Wardwell; Alon Gurfinkel – Davis Polk & Wardwell; Connie Milonakis – Davis Polk & Wardwell; Alexander Simmonds – Davis Polk & Wardwell; Reuven Young – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: BMO Capital Markets; Citigroup Global Markets Ltd; DBS Bank; HSBC Securities; ING Financial Markets LLC; J.P. Morgan Securities LLC; Lloyds Securities; RBC Capital Markets; Scotia Capital Inc.; UBS Securities LLC;