Travelers Completes $500 Million Notes Offering
04.28.20
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The Firm represented The Travelers Companies, Inc. (“Travelers”) in connection with its SEC registered offering of $500 million in aggregate principal amount of 2.55% Senior Notes due 2050. Proceeds of the offering will be used for the retirement of existing indebtedness.
Travelers is a holding company principally engaged, through its subsidiaries, in providing a wide range of commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals.
The Simpson Thacher team included Mark Brod and Crystal Oparaeke (Capital Markets); Jonathan Cantor and Stefan Golubovic (Tax); and Steven DeLott (Insurance).