Sumitomo Mitsui Banking Corporation’s $750 Million Notes Reopening


Davis Polk advised Sumitomo Mitsui Banking Corporation in connection with its reopening of its January 2018 senior debt takedown offering issued under its global medium-term notes program.

The reopening consisted of $750 million 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 (Picture), counsel Christopher J. Kodama and associates Benjamin Potter and Alexander Coley. Counsel Alon Gurfinkel and associate Omer Harel provided tax advice.

Involved fees earner: Jon Gray – Davis Polk & Wardwell; Christopher Kodama – Davis Polk & Wardwell; Benjamin Potter – Davis Polk & Wardwell; Alexander Coley – Davis Polk & Wardwell; Alon Gurfinkel – Davis Polk & Wardwell; Omer Harel – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Sumitomo Mitsui Banking Corporation;