The Firm represented the underwriters, led by Morgan Stanley, in connection with the 3(a)(2) exempt offering by Fifth Third Bank of $300 million aggregate principal amount of Senior Floating Rate Notes due 2021, $500 million of 3.35% Senior Fixed Rate Notes due 2021 and $750 million of 3.95% Senior Fixed Rate Notes due 2025.
Fifth Third Bank, a wholly owned subsidiary of Fifth Third Bancorp, is a diversified financial services company headquartered in Cincinnati, Ohio. The company operates 1,153 full-service Banking Centers and 2,459 ATMs with Fifth Third branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth Third provides its customers with access to more than 54,000 fee-free ATMs across the United States.
The Simpson Thacher team included Lesley Peng, Conor Colasurdo and Lily Picón (Capital Markets); Adam Cohen and Spencer Sloan (Bank Regulatory); Larry Moss (Executive Compensation and Employee Benefits); Jonathan Cantor and Jasmine Hay (Tax); and Andrew Pagliughi (FINRA and Blue Sky).