The investment-grade offering comprises three tranches of notes

Davis Polk advised the joint book-running managers in connection with an SEC-registered offering by ING Groep N.V. of $1.25 billion aggregate principal amount of 6.083% callable fixed-to-floating-rate senior notes due 2027, $1.25 billion aggregate principal amount of 6.114% callable fixed-to-floating-rate senior notes due 2034 and $500 million aggregate principal amount of callable floating-rate senior notes due 2027.

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

The Davis Polk corporate team included partner Connie I. Milonakis and associates Tanu Sinha, Gianna Ceophas, Alexis Désiré and Gültekin Can. All members of the Davis Polk team are based in the London office.

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