Davis Polk advised Barclays Capital Inc., Goldman, Sachs & Co. and J.P. Morgan Securities LLC as joint book-running managers in connection with an offering by StanCorp Financial Group, Inc. of $250 million aggregate principal amount of 5% senior notes due 2022.
StanCorp, operating through its subsidiaries, is a leading provider of financial products and services. StanCorp’s subsidiaries offer group and individual disability insurance, group life and accidental death insurance, group dental and group vision insurance, absence management services, retirement plans products and services, individual annuities, origination and servicing of fixed-rate commercial mortgage loans, and investment advice.
The Davis Polk corporate team included partner Richard A. Drucker, counsel Jean Weng, associate Robby Sen and law clerk Lisa Bozman. Partner Sam Dimon and associate Changsheng (Eric) Song provided tax advice. Counsel Loyti Cheng and associate Catharine Thorpe provided environmental advice. Kristyn M. Dunleavy was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.
