White & Case Advises on €4.5 Billion German Federal Bond

Deal News | May 13, 2025 | White & Case LLP

White & Case Advises on €4.5 Billion German Federal Bond

Global law firm White & Case LLP has played a crucial advisory role for a bank syndicate on a substantial issuance of a federal bond valued at €4.5 billion. This bond is being issued by Germany's Federal Ministry of Finance, as represented by Finanzagentur GmbH (Finance Agency). The bond has a maturity term of 31 years and three months and carries a fixed coupon of 2.90%. The advisory team from White & Case, which is based in Frankfurt, was led by partner Karsten Wöckener, along with local partner Felix Biedermann, and associates Darleen Stöckl and Domenik Mack.

Sectors

  • Legal Services
  • Financial Services
  • Government

Geography

  • Germany – The bond is issued by the German Federal Ministry of Finance.
  • Global – White & Case LLP, a global law firm, is involved in advising on this international financial transaction.

Industry

  • Legal Services – White & Case LLP, a law firm, is involved in the advisory role for the bond issuance.
  • Financial Services – The article discusses a bond issuance by the Federal Ministry of Finance, reflecting the financial services industry.
  • Government – Germany's Federal Ministry of Finance, a government body, is issuing the bond.

Financials

  • €4.5 billion – The total value of the federal bond issuance.

Participants

NameRoleTypeDescription
White & Case LLPAdvisorCompanyGlobal law firm advising on the bond issuance.
Germany's Federal Ministry of FinanceIssuerGovernmentThe issuer of the €4.5 billion federal bond.
Finanzagentur GmbHRepresentativeCompanyRepresents Germany's Federal Ministry of Finance in the bond issuance.
Karsten WöckenerLead PartnerPersonPartner at White & Case LLP leading the advisory team.
Felix BiedermannLocal PartnerPersonLocal partner at White & Case LLP involved in the transaction.
Darleen StöcklAssociatePersonAssociate at White & Case LLP involved in the transaction.
Domenik MackAssociatePersonAssociate at White & Case LLP involved in the transaction.