Davis Polk advised Sumitomo Mitsui Banking Corporation in connection with its $2 billion senior debt offering in reliance on the Section 3(a)(2) exemption of the Securities Act. The offering consisted of $500 million of 1.45% senior bonds due 2016, $500 million of 2.5% senior bonds due 2018, $700 million of 3.95% senior bonds due 2023 and $300 million of 3.95% senior floating-rate bonds due 2016, each guaranteed by Sumitomo Mitsui Banking Corporation’s New York branch. The joint lead managers for the offering were Goldman, Sachs & Co., Citigroup Global Markets Inc., Barclays Bank PLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and SMBC Nikko Securities Inc.
Tags: Davis Polk & Wardwell LLP | Tokyo
