Travelers Completes $750 Million Notes Offering
06.15.21
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The Firm represented The Travelers Companies, Inc. (“Travelers”) in connection with its SEC registered offering of $750 million in aggregate principal amount of 3.05% Senior Notes due 2051. Travelers intends to use the net proceeds of the offering for general corporate purposes.
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, Evan Zuckerman and Alexi Thomas (Capital Markets); Jonathan Cantor (Tax); Steven DeLott (Insurance); and Jennifer Neilsson (Executive Compensation and Employee Benefits).