Sumitomo eyes three-part senior notes offering due 2021, 2016

By Lisa Kerner

Charlotte, N.C., July 7 – Sumitomo Mitsui Financial Group Inc. is in the market with a three-part offering of senior notes, according to a 424B5 filed with the Securities and Exchange Commission.

The offering includes fixed- and floating-rate notes due July 2021, along with a fixed-rate tranche of notes due July 2026.

Goldman Sachs & Co., SMBC Nikko, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are the bookrunners.

Proceeds will be used to extend senior unsecured loans to the bank. The bank intends to use the proceeds of the loans for general corporate purposes.

The banking and financial company is based in Tokyo.

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