Simpson Thacher recently represented the dealers in connection with Sumitomo Mitsui Banking Corporation’s (“SMBC”) update of its US$50 billion Global Medium Term Notes Program (the “Program”) and the offering of US$2.25 billion of senior notes thereunder. The senior notes were guaranteed by SMBC’s New York branch and offered and sold in reliance on the exemption from SEC registration provided in Section 3(a)(2) of the Securities Act. SMBC Nikko Capital Markets Limited, Barclays Bank PLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Merrill Lynch International and SMBC Nikko Securities America, Inc. are dealers under the Program. Goldman, Sachs & Co., SMBC Nikko Securities America, Inc., Citigroup Global Markets Inc., Barclays Capital Inc. and J.P. Morgan Securities LLC acted as the representatives for the offering of the senior notes.
SMBC is the principal banking subsidiary of Sumitomo Mitsui Financial Group and one of Japan’s largest banking corporations.
The Simpson Thacher team for the offering included Alan Cannon, David Snowden and Hiro Senda (Capital Markets); Rob Holo and Michael Cardella (Tax); Mark Chorazak and Spencer Sloan (Bank Regulatory); and Jennie Getsin (Blue Sky).
Source: www.stblaw.com
