SMBC lines up dollar-denominated fixed-rate notes offering

Chicago, Sept. 5 – Sumitomo Mitsui Financial Group, Inc. is in the Tuesday market with a dollar-denominated offering of senior fixed-rate notes, according to a 424B5 filing with the Securities and Exchange Commission.

The non-callable notes may come in one or more series.

SMBC Nikko Securities America, Inc., Goldman Sachs & Co. LLC, Jefferies LLC and BofA Securities, Inc. are the joint lead managers and joint bookrunners.

Bank of New York Mellon will be the trustee.

Davis Polk & Wardwell LLP and Nagashima Ohno & Tsunematsu are advising the issuer.

Simpson Thacher & Bartlett LLP is working as legal adviser to the underwriters.

Proceeds will be used for general corporate purposes. The notes will qualify as regulatory capital in Japan.

Listing for the notes will be in Luxembourg.

The bank holding company for SMBC is based in Tokyo.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.