The Firm represented The Travelers Companies, Inc. (“Travelers”) in connection with its SEC registered offering of $750 million aggregate principal amount of 4.950% Senior Notes due 2031. Travelers intends to use the net proceeds of the offering for general corporate purposes.
Travelers is a holding company principally engaged, through its subsidiaries, in providing a wide range of commercial and personal property and casualty insurance products and services to businesses, government units, associations and individuals.
The Simpson Thacher team included Mark Brod, Louise Choi, Nora Ghanem and Ye Joo Lee (Capital Markets); Jonathan Cantor and Preston Irace (Tax); Steven DeLott (Insurance); and Pasco Struhs (Executive Compensation and Employee Benefits).