Simpson Thacher Represents Managers in $1.5 Billion Senior Notes Offering by Mitsubishi UFJ Trust and Banking Corporation

Simpson Thacher recently represented the managers, led by Morgan Stanley & Co. LLC, Mitsubishi UFJ Securities (USA), Inc., Citigroup Capital Markets Inc., and J.P. Morgan Securities LLC, in an offering by Mitsubishi UFJ Trust and Banking Corporation (“MUTB”) of $1.5 billion aggregate principal amount of its fixed rate senior notes due 2017 and 2019. The offering was conducted pursuant to Rule 144A and Regulation S. The notes are listed on the Singapore Exchange.

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Mizuho Bank Completes Offering of an Aggregate of US$2.5 Billion of Senior Notes Guaranteed by Mizuho Financial Group

The Firm recently represented Japan’s Mizuho Bank, Ltd., as issuer, and Mizuho Financial Group, Inc., as guarantor, in connection with the offerings of US$500 million of 1.70% Senior Notes due 2017, US$1.0 billion of 2.65% Senior Notes due 2019, US$500 million of 3.60% Senior Notes due 2024 and US$500 million of Senior Floating Rate Notes due 2017, each pursuant to Rule 144A and Regulation S under the Securities Act. Mizuho Securities USA Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Goldman, Sachs & Co. were the joint lead managers for the offering. Mizuho Bank, Ltd. is one of Japan’s largest banks and is a wholly owned subsidiary of Mizuho Financial Group, Inc., one of Japan’s largest banking groups.

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Simpson Thacher Represents the International Managers in IPO of AEON REIT

The Firm recently represented the international managers in connection with the initial public offering of AEON REIT Investment Corporation on the Tokyo Stock Exchange, which included an international offering pursuant to Regulation S.  The offering raised ¥91.3 billion (approximately $900 million) for the issuer, which was used together with bank financing to acquire an initial portfolio of large-scale retail facilities from the Aeon Group.  Nomura, Mizuho and J.P. Morgan acted as international joint lead managers for the offering.

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Davis Polk Advises Hitachi, Ltd. on a $810 Million Secondary Offering of Western Digital Corporation Common Stock

Davis Polk advised Hitachi, Ltd. as the selling stockholder in connection with an SEC-registered secondary offering of 12,500,000 shares of Western Digital Corporation common stock. Goldman, Sachs & Co. and BofA Merrill Lynch acted as lead book-running managers and J.P. Morgan Securities LLC acted as joint book-running manager for the offering. The total net proceeds to Hitachi from the offering were approximately $810 million.

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