Willkie Advises MetLife on it First Ever Yen-Denominated Notes Offering

May 28, 2019

MetLife, Inc., one of the world’s leading financial services companies, issued five yen-denominated senior notes offerings

Willkie recently represented MetLife, Inc. in connection with its registered offerings of:

  • ¥25,200,000,000 aggregate principal amount of 0.495% Senior Notes due 2026

  • ¥64,900,000,000 aggregate principal amount of 0.769% Senior Notes due 2029

  • ¥10,700,000,000 aggregate principal amount of 0.898% Senior Notes due 2031

  • ¥26,500,000,000 aggregate principal amount of 1.189% Senior Notes due 2034

  • ¥24,400,000,000 aggregate principal amount of 1.385% Senior Notes due 2039

This represents MetLife’s first ever yen-denominated senior notes offering. SMBC Nikko Securities America, Inc., Mizuho Securities USA LLC and Morgan Stanley & Co. International plc served as joint book-running managers for the offerings. 

MetLife is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management. MetLife holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. 

The deal was handled by partners John Schwolsky and Benjamin Nixon, and associates Anne Barrett and Marisa Weisbaum. Counsel Catherine Harrington advised on tax matters.