Simpson Thacher recently represented the managers, led by Morgan Stanley & Co. LLC, Mitsubishi UFJ Securities (USA), Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Citigroup Capital Markets Inc., in an offering by The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”) of $4.5 billion aggregate principal amount of its senior notes in five tranches due 2017 (floating rate), 2017, 2019, 2021 and 2024 (fixed rate). The offering was conducted pursuant to Rule 144A and Regulation S. The bonds are listed on the Singapore Exchange.
BTMU, the major operating subsidiary of Mitsubishi UFJ Financial Group, Inc., is one of the world’s largest commercial banks, with ¥201.6 trillion in consolidated total assets as of March 31, 2014.
The Simpson Thacher team that worked on the transaction included Alan Cannon, David Snowden and Hiro Senda (Capital Markets); and Robert Holo and Jodi Sackel (Tax).
Source: www.stblaw.com
