Simpson Thacher recently represented the initial purchasers, for which Morgan Stanley & Co. LLC, Mizuho Securities USA LLC, Citigroup Global Markets Inc. and BofA Securities, Inc. acted as representatives, in connection with the offering by Nissan Motor Co., Ltd. (“Nissan”) of $1 billion of 7.500% Senior Notes due 2030, $750 million of 7.750% Senior Notes due 2032 and $1.25 billion of 8.125% Senior Notes due 2035. The offering was made in reliance on Rule 144A and Regulation S.
The firm also represented the initial purchasers, for which Morgan Stanley & Co. International plc, Mizuho International plc, SMBC Bank International plc, Société Générale and BNP PARIBAS acted as representatives, in connection with the concurrent offering by Nissan of €800 million of 5.250% Senior Notes due 2029 and €500 million of 6.375% Senior Notes due 2033. The offering was made in reliance on Rule 144A and Regulation S.
Nissan is a leading Japanese automobile manufacturer with worldwide operations.
The Simpson Thacher team included David Snowden, Yuriko Miyasaka and Anni Cai (Capital Markets); Michael Mann and Michael Leitner (Tax); and Jennie Getsin (Blue Sky).