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Simpson Thacher Represents the Dealers in Connection with Sumitomo Mitsui Banking Corporation’s Establishment of Its US$50 Billion Global Medium Term Notes Program and US$3 Billion Senior Notes Offering Thereunder

01.21.14

Simpson Thacher recently represented the dealers in connection with Sumitomo Mitsui Banking Corporation’s establishment of its US$50,000,000,000 Global Medium Term Notes Program (the “Program”) and the offering of US$3 billion of senior notes thereunder, guaranteed by the bank’s New York branch.  The senior notes were 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., Barclays Bank PLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC and SMBC Nikko Capital Markets Limited acted as the representatives for the initial offering of notes.

 

Sumitomo Mitsui Banking Corporation 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, A. Reid Monroe-Sheridan and Nirav Mehta (Capital Markets), Jonathan Cantor and Taylor Alexander (Tax) and Jennie Getsin (Blue Sky).