Davis Polk Advises Sumitomo Mitsui Banking Corporation on Its $1.25 Billion Notes Offering
Davis Polk advised Sumitomo Mitsui Banking Corporation in connection with a medium-term note program update and a benchmark takedown, which consisted of $750 million aggregate principal amount of 2.05% senior notes due 2019 and $500 million aggregate principal amount of senior floating-rate notes due 2019, each guaranteed by Sumitomo Mitsui Banking Corporation’s New York branch.
Sumitomo Mitsui Banking Corporation is one of the largest banks in the world by assets.
The Davis Polk corporate team included partners Eugene C. Gregor and Jon Gray, counsel Christopher J. Kodama and associate Benjamin Potter. Partner John D. Paton, counsel Alon Gurfinkel and associate Omer Harel provided tax advice. Members of the Davis Polk team are based in the Tokyo and London offices.