Allen & Overy LLP advised the initial purchasers on the offering of U.S.$6.0 billion aggregate principal amount of U.S. dollar denominated bonds by Siemens Financieringsmaatschappij N.V.

The bonds are guaranteed by Siemens Aktiengesellschaft.

The company issued six tranches of bonds with maturities of three, five, seven, ten and 30 years. In the three-year category, Siemens issued a series of floating rate and a series of fixed rate notes. The other series are fixed rate notes.

The initial purchasers were led by Goldman, Sachs & Co., Barclays Capital Inc., BNP Paribas, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. LLC.

The company intends to use the proceeds for general corporate purposes, including refinancing of matured and outstanding debt.

The Allen & Overy team advising the initial purchasers included Partners Marc Plepelits (US Corporate Finance, Frankfurt) and Christoph Enderstein (International Capital Markets, Frankfurt), Senior Associates Martin Schmidt (US Corporate Finance, Frankfurt) and Timothy Knauff (US Corporate Finance, Frankfurt) and Associates Sandra Ziener (International Capital Markets, Frankfurt) and Rita Nicole Thomas (US Corporate Finance, Frankfurt). They were supported on tax matters by Partner Heike Weber (Taxation, Frankfurt), Counsel Klaus Hahne (Taxation, Frankfurt) and Associate Caroline Lapidus (Taxation, New York).