Simpson Thacher Represents the Initial Purchasers in US$3 Billion Senior Debt Offerings by Sumitomo Mitsui Banking Corporation

The Firm recently represented the initial purchasers in connection with the offering of US$3 billion of Senior Bonds in three tranches due 2015, 2017 and 2022 by Japan’s Sumitomo Mitsui Banking Corporation, guaranteed by the bank’s New York branch. The Senior Bonds were offered and sold in reliance on the exemption from SEC registration provided in Section 3(a)(2) of the Securities Act. Goldman Sachs & Co., Citigroup Global Markets Inc., Barclays Bank PLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and SMBC Nikko Capital Markets Limited were the Joint Lead Managers for the offering.

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Tags:  Simpson Thacher & Bartlett LLP | Tokyo

Simpson Thacher Represents the Underwriters in US$750 Million Senior Debt Offering by Nippon Telephone and Telegraph Corporation

The Firm recently represented the underwriters in connection with the public offering of US$750 million of 1.4% Notes due 2017 by Japan’s Nippon Telegraph and Telephone Corporation. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc. and Morgan Stanley & Co. LLC were the Joint Book-Running Managers for the offering.

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Tags:  Simpson Thacher & Bartlett LLP | Tokyo

NY Partner Stephen Culhane Joins Kaye Scholer’s Corporate Dept

Stephen Culhane has joined Kaye Scholer’s Corporate Department as a Partner in its Fund Formation practice. He has almost 20 years experience advising sponsors of private equity, real estate, special situation and distressed investment funds, hedge funds and funds of funds with the structuring, formation and operation of such fund products. Over the course of his career, he has advised clients with respect to the formation of countless funds organized to invest in private equity, real estate and diverse trading strategies, including the largest private equity fund formed to date to invest in the People’s Republic of China. In addition to his fund formation experience, Culhane has extensive experience representing institutional investors in private funds as well as buyers and sellers of secondary interests in private equity portfolios.

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Tags:  Arnold & Porter Kaye Scholer LLP | New York