Skadden advised the underwriters, led by J.P. Morgan Securities LLC, BofA Securities, Inc., Goldman Sachs & Co. LLC and SMBC Nikko Securities America, Inc., in a US$1,040,000,000 offering of 5.875% step-up callable perpetual subordinated notes due in January 2034 by Sumitomo Life Insurance Company (a Japanese mutual company). The notes were listed on the Singapore Stock Exchange.
The Skadden team was led by corporate partner Kenji Taneda, counsel Ken Kiyota and Associate Tetsuya Kumamoto.