The Tokyo office of the Firm recently represented the initial purchasers, led by Goldman Sachs International, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Nomura Securities International, Inc. in an offering of $1,300,000,000 7.00% Step-up Callable Subordinated Notes due 2072 by Mitsui Sumitomo Insurance Company, Limited.  The notes were sold to international investors outside of Japan in reliance on Rule 144A and Regulation S. The notes are listed on the Singapore Stock Exchange.

The Simpson Thacher team that worked on the transaction included Taki Saito, Vincent Pace and Kate Renaud in Tokyo and Jeanne Annarumma (Executive Compensation and Employee Benefits), Rob Holo and Danny Salinas (Tax) and Jennie Getsin (Blue Sky) in New York.