Simpson Thacher recently represented the dealers in connection with Sumitomo Mitsui Banking Corporation’s (“SMBC”) update of its US$50 billion Global Medium Term Notes Program and the offering of US$1.25 billion of senior fixed rate notes and US$750 million of senior floating rate notes thereunder. The senior notes were guaranteed by SMBC’s New York branch and offered and sold in reliance on the exemption from SEC registration provided in Section 3(a)(2) of the Securities Act.

Linklaters has advised on the issue of £750 million Bonds due 2118 (the “Bonds”) by The Wellcome Trust, the UK’s largest charitable foundation and one of the world’s largest funders of medical research. The issue of the Bonds launched and priced on 31 January 2018.

J.P. Morgan acted as lead manager and Bank of America Merrill Lynch and Morgan Stanley acted as co-managers in respect of the issue of the Bonds. Linklaters advised the Managers on the transaction.

Ashurst has acted as the legal adviser to Australian Unity Funds Management Limited (Australian Unity) on the A$740 million refinancing of the corporate debt facilities for the Australian Unity Healthcare Property Trust (HPT) and the project financing for the construction of a new public hospital in Brisbane called the Specialist Rehabilitation and Ambulatory Care Centre (SRACC).

International law firm CMS has advised the Wellcome Trust, the UK’s largest charitable foundation and one of the world’s largest funders of medical research, on its issue of £750 million Bonds due 2118 (the “Bonds”). The issue of the Bonds launched and priced today.

J.P. Morgan acted as lead manager and Bank of America Merrill Lynch and Morgan Stanley acted as co-managers in respect of the issue of the Bonds.

Leading global law firm Herbert Smith Freehills and its Jakarta associated firm Hiswara Bunjamin & Tandjung (HBT) have advised Indonesia state-owned engineering and construction firm PT Wijaya Karya (Persero) Tbk (WIKA) on its issue of approximately US$400 million rupiah-denominated bonds.

This is the largest and second ever IDR-denominated 'komodo bond' issued to date. The bonds are due in 2021, have a coupon rate of 7.7 percent per year and will be listed on the London Stock Exchange (LSE-ISM) and Singapore Stock Exchange (SGX-ST).

Simpson Thacher recently represented the underwriters in the SEC-registered offering by Sumitomo Mitsui Financial Group, Inc. (“SMFG”) of $2.75 billion aggregate principal amount of its senior notes in three tranches due 2023 (floating rate), 2023 and 2028 (fixed rate). SMFG intends the senior notes to contribute to its total loss-absorbing capacity (TLAC) when TLAC requirements are introduced in Japan.

Simpson Thacher represented the underwriters, acting as sole international counsel, in the offering of US$300 million 3.5% Notes due 2023 by Hankook Tire Co., Ltd. The offering was conducted in reliance upon Regulation S under the U.S. Securities Act of 1933, as amended.

Hankook Tire Co., Ltd. is the largest tire manufacturer in Korea with global operations. Citigroup Global Markets Limited, Crédit Agricole Corporate and Investment Bank and J.P. Morgan Securities plc were joint bookrunners for the offering.

Herbert Smith Freehills and its Jakarta associated firm Hiswara Bunjamin & Tandjung (HBT) have advised Indonesia state-owned engineering and construction firm PT Wijaya Karya (Persero) Tbk (WIKA) on its issue of approximately US$400 million rupiah-denominated bonds.

This is the largest and second ever IDR-denominated 'komodo bond' issued to date. The bonds are due in 2021, have a coupon rate of 7.7 percent per year and will be listed on the London Stock Exchange (LSE-ISM) and Singapore Stock Exchange (SGX-ST).

CMS has advised the Wellcome Trust, the UK’s largest charitable foundation and one of the world’s largest funders of medical research, on its issue of £750 million Bonds due 2118 (the “Bonds”). The issue of the Bonds launched and priced today.

J.P. Morgan acted as lead manager and Bank of America Merrill Lynch and Morgan Stanley acted as co-managers in respect of the issue of the Bonds.

Ashurst has acted as the legal adviser to Australian Unity Funds Management Limited (Australian Unity) on the A$740 million refinancing of the corporate debt facilities for the Australian Unity Healthcare Property Trust (HPT) and the project financing for the construction of a new public hospital in Brisbane called the Specialist Rehabilitation and Ambulatory Care Centre (SRACC).