Davis Polk advised Sumitomo Mitsui Banking Corporation in connection with a global medium-term note program update and a benchmark takedown, which consisted of $1 billion aggregate principal amount of senior floating-rate notes due 2020 guaranteed by SMBC’s New York branch.

SMBC is one of world’s largest commercial banks by assets.

The Davis Polk team included partner Jon Gray, counsel Christopher J. Kodama and associates Benjamin Potter and Alexander Coley. Counsel Alon Gurfinkel and associate Omer Harel provided tax advice. Members of the Davis Polk team are based in the Tokyo and London offices.

 

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