Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses
07 July 2023 - 9:49PM
Edgar (US Regulatory)
Filed Pursuant to Rule 433
Registration No. 333-261754
Pricing Term Sheet – Senior Floating Rate Notes due 2026
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|
|
| Issuer: |
|
Sumitomo Mitsui Financial Group, Inc. (“SMFG”) |
|
|
| Securities Offered: |
|
U.S.$400,000,000 aggregate principal amount of senior floating rate notes due 2026 (the “Notes”) |
|
|
| Offer and Sale: |
|
SEC registered |
|
|
| Expected Security Ratings: |
|
A1 (Moody’s) / A- (S&P) |
|
|
| Denomination: |
|
U.S.$200,000 and integral multiples of U.S.$1,000 in excess thereof |
|
|
| Offering Price: |
|
100.000% |
|
|
| Pricing Date: |
|
July 6, 2023 |
|
|
| Settlement Date: |
|
July 13, 2023 |
|
|
| Maturity Date: |
|
July 13, 2026 |
|
|
| Redemption: |
|
The Notes will only be redeemable at SMFG’s option, subject to prior confirmation of the Financial Services Agency of Japan (if such confirmation is required under applicable Japanese laws or regulations then in effect), upon
the occurrence of certain changes in tax law, as set forth in the preliminary prospectus supplement dated July 6, 2023 (the “Preliminary Prospectus Supplement”) |
|
|
| Ranking of the Notes: |
|
The Notes will constitute direct, unconditional, unsecured and unsubordinated general obligations of SMFG and will at all times rank pari passu without any preference among themselves and with all other unsecured obligations
of SMFG, other than subordinated obligations of SMFG and except for statutorily preferred obligations |
|
|
| Interest Basis: |
|
Compounded Daily SOFR + Margin |
|
|
| Compounded Daily SOFR: |
|
A compounded daily SOFR determined for each quarterly Interest Period in accordance with the specific formula described under “Description of the Notes—Principal, Maturity and Interest for the Floating Rate
Notes—Compounded Daily SOFR” in the Preliminary Prospectus Supplement |
|
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| Margin: |
|
+ 1.30 per cent. per annum |
|
|
| Interest Payment Dates: |
|
January 13, April 13, July 13 and October 13 of each year, beginning on October 13, 2023, and ending on the Maturity
Date or, if redeemed early, the date of such redemption, subject to adjustment as explained below, (each, an “Interest Payment Date”) with interest accruing from (and including) the Settlement Date.
If any Interest Payment Date (other than the Maturity Date or any early redemption date
for taxation reasons) falls on a day that is not a Business Day, that Interest Payment Date will be adjusted in accordance with the Modified Following Business Day Convention.
If the Maturity Date or any early redemption date upon redemption for taxation reasons
would fall on a day that is not a Business Day, then any interest, principal or additional amounts, if any, as the case may be, will be paid on the next succeeding Business Day, and no interest shall accrue from and after the Maturity Date or such
redemption date. |
|
|
|
|
|
The term “Modified Following Business Day Convention” means
that the relevant date shall be postponed to the first following day that is a Business Day (and interest will continue to accrue to, but excluding, such succeeding Business Day) unless that day falls in the next calendar month in which case that
date will be the first preceding day that is a Business Day (and interest will accrue to, but excluding, such preceding Business Day). |
|
|
| Interest Periods: |
|
Each period beginning from (and including) the Settlement Date to (but excluding) the first Interest Payment Date, or from (and including) any Interest Payment Date to (but excluding) the next Interest Payment Date, or from (and
including) any Interest Payment Date immediately preceding the applicable redemption date to (but excluding) such redemption date. |
|
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| Interest Determination Date: |
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The date that is five Business Days before each Interest Payment Date. |
|
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| Reference Rate: |
|
SOFR, subject to fallback provisions |
|
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| SOFR Observation Period: |
|
In respect of each Interest Period, the period from, and including, the date five Business Days preceding the first date in such Interest Period to, but excluding, the date five Business Days preceding the Interest Payment Date for
such Interest Period (or in respect of the payment of any interest in connection with any redemption of any Notes, the period from, and including, the date that is five Business Days preceding the first date in the Interest Period in which such
redemption occurs to, but excluding, the date that is five Business Days before such redemption) |
|
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| Day Count Basis: |
|
Actual number of days in the applicable Interest Period divided by 360 |
|
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| Business Day: |
|
A day that is a U.S. Government Securities Business Day and that in New York, London and Tokyo, is not a day on which banking institutions
are authorized by law or regulation to close. The term “U.S. Government
Securities Business Day” shall mean any day except for a Saturday, a Sunday or a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for
purposes of trading in U.S. government securities. |
|
|
| Use of Proceeds: |
|
SMFG intends to use the net proceeds of the offering to extend unsecured loans, intended to qualify as internal TLAC, to Sumitomo Mitsui Banking Corporation (“SMBC”) and SMBC intends to use the proceeds of the loans for
general corporate purposes |
|
|
| Listing: |
|
Luxembourg Stock Exchange’s Euro MTF Market |
|
|
| Settlement: |
|
DTC, Euroclear and Clearstream |
|
|
| CUSIP: |
|
86562M CZ1 |
|
|
|
|
|
| ISIN: |
|
US86562MCZ14 |
|
|
| Common Code: |
|
264860792 |
|
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| Legal Entity Identifier: |
|
35380028MYWPB6AUO129 |
|
|
| Joint Lead Managers and Joint Bookrunners: |
|
SMBC Nikko Securities America, Inc. Goldman
Sachs & Co. LLC Jefferies LLC Citigroup Global
Markets Inc. |
|
|
| Co-Managers: |
|
Barclays Capital Inc. BofA Securities Inc.
J.P. Morgan Securities LLC Nomura Securities International,
Inc. Daiwa Capital Markets America Inc. HSBC Securities (USA)
Inc. Academy Securities Inc. CastleOak Securities L.P.
Samuel A. Ramirez & Company, Inc. Siebert Williams
Shank & Co., LLC |
|
|
| Stabilization Manager: |
|
SMBC Nikko Securities America, Inc. |
|
|
| Trustee, Paying Agent, Transfer Agent, Registrar and Calculation Agent: |
|
The Bank of New York Mellon |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or
withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) and a preliminary prospectus supplement with the
SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer has filed with the SEC for more complete
information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send
you the prospectus and the preliminary prospectus supplement if you request it by calling SMBC Nikko Securities America, Inc. toll-free at
1-888-868-6856, Goldman Sachs & Co. LLC at 1-212-902-1171 (Prospectus Department), Jefferies LLC at 1-212-284-2300 and
Citigroup Global Markets Inc. toll-free at 1-800-831-9146 or by calling SMFG’s investor relations department at 81-3-3282-8111.
No PRIIPs KID or U.K. PRIIPs KID -
No PRIIPs key information document (KID) or U.K. PRIIPs KID has been prepared as not available to retail in EEA or U.K., respectively. See “PROHIBITION OF SALES TO EEA RETAIL INVESTORS” and “PROHIBITION OF SALES TO U.K. RETAIL
INVESTORS” in the preliminary prospectus supplement dated July 6, 2023.
This communication is intended for the sole use of the person to
whom it is provided by us.
This notice does not constitute an offer to sell or a solicitation of an offer to buy or an advertisement in respect of
Notes in any jurisdiction where such offer or solicitation or advertisement would be unlawful.
Any disclaimer or other notice that may appear below is not applicable to this communication and should
be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.
Pricing Term Sheet – 5.880% Senior Notes due 2026
|
|
|
| Issuer: |
|
Sumitomo Mitsui Financial Group, Inc. (“SMFG”) |
|
|
| Securities Offered: |
|
U.S.$850,000,000 aggregate principal amount of 5.880% senior notes due 2026 (the “Notes”) |
|
|
| Offer and Sale: |
|
SEC registered |
|
|
| Expected Security Ratings: |
|
A1 (Moody’s) / A- (S&P) |
|
|
| Denomination: |
|
U.S.$200,000 and integral multiples of U.S.$1,000 in excess thereof |
|
|
| Offering Price: |
|
100.000% |
|
|
| Pricing Date: |
|
July 6, 2023 |
|
|
| Settlement Date: |
|
July 13, 2023 |
|
|
| Maturity Date: |
|
July 13, 2026 |
|
|
| Redemption: |
|
The Notes will only be redeemable at SMFG’s option, subject to prior confirmation of the Financial Services Agency of Japan (if such confirmation is required under applicable Japanese laws or regulations then in effect), upon
the occurrence of certain changes in tax law, as set forth in the preliminary prospectus supplement dated July 6, 2023 |
|
|
| Ranking of the Notes: |
|
The Notes will constitute direct, unconditional, unsecured and unsubordinated general obligations of SMFG and will at all times rank pari passu without any preference among themselves and with all other unsecured obligations
of SMFG, other than subordinated obligations of SMFG and except for statutorily preferred obligations |
|
|
| Coupon Payment Dates: |
|
Payable semiannually in arrears on January 13 and July 13 of each year beginning on January 13, 2024. Such semiannual interest will amount to U.S.$29.40 per U.S.$1,000 in nominal amount of the Notes for each interest
payment date |
|
|
| Spread to Benchmark: |
|
T+120 bps |
|
|
| Coupon: |
|
5.880% |
|
|
| Day Count Basis: |
|
30/360, unadjusted |
|
|
| Business Day: |
|
New York, London and Tokyo |
|
|
| Use of Proceeds: |
|
SMFG intends to use the net proceeds of the offering to extend unsecured loans, intended to qualify as internal TLAC, to Sumitomo Mitsui Banking Corporation (“SMBC”) and SMBC intends to use the proceeds of the loans for
general corporate purposes |
|
|
| Listing: |
|
Luxembourg Stock Exchange’s Euro MTF Market |
|
|
| Settlement: |
|
DTC, Euroclear and Clearstream |
|
|
| CUSIP: |
|
86562M DA5 |
|
|
| ISIN: |
|
US86562MDA53 |
|
|
| Common Code: |
|
264860806 |
|
|
| Legal Entity Identifier: |
|
35380028MYWPB6AUO129 |
|
|
| Joint Lead Managers and Joint Bookrunners: |
|
SMBC Nikko Securities America, Inc. Goldman
Sachs & Co. LLC Jefferies LLC Citigroup Global
Markets Inc. |
|
|
|
|
|
| Co-Managers: |
|
Barclays Capital Inc. BofA Securities Inc.
J.P. Morgan Securities LLC Nomura Securities International,
Inc. Daiwa Capital Markets America Inc. HSBC Securities (USA)
Inc. Academy Securities Inc. CastleOak Securities L.P.
Samuel A. Ramirez & Company, Inc. Siebert Williams
Shank & Co., LLC |
|
|
| Stabilization Manager: |
|
SMBC Nikko Securities America, Inc. |
|
|
| Trustee, Paying Agent, Transfer Agent and Registrar: |
|
The Bank of New York Mellon |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or
withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) and a preliminary prospectus supplement with the
SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer has filed with the SEC for more complete
information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send
you the prospectus and the preliminary prospectus supplement if you request it by calling SMBC Nikko Securities America, Inc. toll-free at
1-888-868-6856, Goldman Sachs & Co. LLC at 1-212-902-1171 (Prospectus Department), Jefferies LLC at 1-212-284-2300 and
Citigroup Global Markets Inc. toll-free at 1-800-831-9146 or by calling SMFG’s investor relations department at 81-3-3282-8111.
No PRIIPs KID or U.K. PRIIPs KID -
No PRIIPs key information document (KID) or U.K. PRIIPs KID has been prepared as not available to retail in EEA or U.K., respectively. See “PROHIBITION OF SALES TO EEA RETAIL INVESTORS” and “PROHIBITION OF SALES TO U.K. RETAIL
INVESTORS” in the preliminary prospectus supplement dated July 6, 2023.
This communication is intended for the sole use of the person to
whom it is provided by us.
This notice does not constitute an offer to sell or a solicitation of an offer to buy or an advertisement in respect of
Notes in any jurisdiction where such offer or solicitation or advertisement would be unlawful.
Any disclaimer or other notice that may appear
below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.
Pricing Term Sheet – 5.800% Senior Notes due 2028
|
|
|
| Issuer: |
|
Sumitomo Mitsui Financial Group, Inc. (“SMFG”) |
|
|
| Securities Offered: |
|
U.S.$750,000,000 aggregate principal amount of 5.800% senior notes due 2028 (the “Notes”) |
|
|
| Offer and Sale: |
|
SEC registered |
|
|
| Expected Security Ratings: |
|
A1 (Moody’s) / A- (S&P) |
|
|
| Denomination: |
|
U.S.$200,000 and integral multiples of U.S.$1,000 in excess thereof |
|
|
| Offering Price: |
|
100.000% |
|
|
| Pricing Date: |
|
July 6, 2023 |
|
|
| Settlement Date: |
|
July 13, 2023 |
|
|
| Maturity Date: |
|
July 13, 2028 |
|
|
| Redemption: |
|
The Notes will only be redeemable at SMFG’s option, subject to prior confirmation of the Financial Services Agency of Japan (if such confirmation is required under applicable Japanese laws or regulations then in effect), upon
the occurrence of certain changes in tax law, as set forth in the preliminary prospectus supplement dated July 6, 2023 |
|
|
| Ranking of the Notes: |
|
The Notes will constitute direct, unconditional, unsecured and unsubordinated general obligations of SMFG and will at all times rank pari passu without any preference among themselves and with all other unsecured obligations
of SMFG, other than subordinated obligations of SMFG and except for statutorily preferred obligations |
|
|
| Coupon Payment Dates: |
|
Payable semiannually in arrears on January 13 and July 13 of each year beginning on January 13, 2024. Such semiannual interest will amount to U.S.$29.00 per U.S.$1,000 in nominal amount of the Notes for each interest
payment date |
|
|
| Spread to Benchmark: |
|
T+145 bps |
|
|
| Coupon: |
|
5.800% |
|
|
| Day Count Basis: |
|
30/360, unadjusted |
|
|
| Business Day: |
|
New York, London and Tokyo |
|
|
| Use of Proceeds: |
|
SMFG intends to use the net proceeds of the offering to extend unsecured loans, intended to qualify as internal TLAC, to Sumitomo Mitsui Banking Corporation (“SMBC”) and SMBC intends to use the proceeds of the loans for
general corporate purposes |
|
|
| Listing: |
|
Luxembourg Stock Exchange’s Euro MTF Market |
|
|
| Settlement: |
|
DTC, Euroclear and Clearstream |
|
|
| CUSIP: |
|
86562M DB3 |
|
|
| ISIN: |
|
US86562MDB37 |
|
|
| Common Code: |
|
264860814 |
|
|
| Legal Entity Identifier: |
|
35380028MYWPB6AUO129 |
|
|
| Joint Lead Managers and Joint Bookrunners: |
|
SMBC Nikko Securities America, Inc. Goldman
Sachs & Co. LLC Jefferies LLC Citigroup Global
Markets Inc. |
|
|
|
|
|
| Co-Managers: |
|
Barclays Capital Inc. BofA Securities Inc.
J.P. Morgan Securities LLC Nomura Securities International,
Inc. Daiwa Capital Markets America Inc. HSBC Securities (USA)
Inc. Academy Securities Inc. CastleOak Securities L.P.
Samuel A. Ramirez & Company, Inc. Siebert Williams
Shank & Co., LLC |
|
|
| Stabilization Manager: |
|
SMBC Nikko Securities America, Inc. |
|
|
| Trustee, Paying Agent, Transfer Agent and Registrar: |
|
The Bank of New York Mellon |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or
withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) and a preliminary prospectus supplement with the
SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer has filed with the SEC for more complete
information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send
you the prospectus and the preliminary prospectus supplement if you request it by calling SMBC Nikko Securities America, Inc. toll-free at
1-888-868-6856, Goldman Sachs & Co. LLC at 1-212-902-1171 (Prospectus Department), Jefferies LLC and Citigroup Global Markets Inc. toll-free at
1-800-831-9146 at
1-212-284-2300 or by calling SMFG’s investor relations department at 81-3-3282-8111.
No PRIIPs KID or U.K. PRIIPs KID - No PRIIPs key information
document (KID) or U.K. PRIIPs KID has been prepared as not available to retail in EEA or U.K., respectively. See “PROHIBITION OF SALES TO EEA RETAIL INVESTORS” and “PROHIBITION OF SALES TO U.K. RETAIL INVESTORS” in the
preliminary prospectus supplement dated July 6, 2023.
This communication is intended for the sole use of the person to whom it is provided by
us.
This notice does not constitute an offer to sell or a solicitation of an offer to buy or an advertisement in respect of Notes in any
jurisdiction where such offer or solicitation or advertisement would be unlawful.
Any disclaimer or other notice that may appear below is not
applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.
Pricing Term Sheet – 5.852% Senior Notes due 2030
|
|
|
| Issuer: |
|
Sumitomo Mitsui Financial Group, Inc. (“SMFG”) |
|
|
| Securities Offered: |
|
U.S.$650,000,000 aggregate principal amount of 5.852% senior notes due 2030 (the “Notes”) |
|
|
| Offer and Sale: |
|
SEC registered |
|
|
| Expected Security Ratings: |
|
A1 (Moody’s) / A- (S&P) |
|
|
| Denomination: |
|
U.S.$200,000 and integral multiples of U.S.$1,000 in excess thereof |
|
|
| Offering Price: |
|
100.000% |
|
|
| Pricing Date: |
|
July 6, 2023 |
|
|
| Settlement Date: |
|
July 13, 2023 |
|
|
| Maturity Date: |
|
July 13, 2030 |
|
|
| Redemption: |
|
The Notes will only be redeemable at SMFG’s option, subject to prior confirmation of the Financial Services Agency of Japan (if such confirmation is required under applicable Japanese laws or regulations then in effect), upon
the occurrence of certain changes in tax law, as set forth in the preliminary prospectus supplement dated July 6, 2023 |
|
|
| Ranking of the Notes: |
|
The Notes will constitute direct, unconditional, unsecured and unsubordinated general obligations of SMFG and will at all times rank pari passu without any preference among themselves and with all other unsecured obligations
of SMFG, other than subordinated obligations of SMFG and except for statutorily preferred obligations |
|
|
| Coupon Payment Dates: |
|
Payable semiannually in arrears on January 13 and July 13 of each year beginning on January 13, 2024. Such semiannual interest will amount to U.S.$29.26 per U.S.$1,000 in nominal amount of the Notes for each interest
payment date |
|
|
| Spread to Benchmark: |
|
T+165 bps |
|
|
| Coupon: |
|
5.852% |
|
|
| Day Count Basis: |
|
30/360, unadjusted |
|
|
| Business Day: |
|
New York, London and Tokyo |
|
|
| Use of Proceeds: |
|
SMFG intends to use the net proceeds of the offering to extend unsecured loans, intended to qualify as internal TLAC, to Sumitomo Mitsui Banking Corporation (“SMBC”) and SMBC intends to use the proceeds of the loans for
general corporate purposes |
|
|
| Listing: |
|
Luxembourg Stock Exchange’s Euro MTF Market |
|
|
| Settlement: |
|
DTC, Euroclear and Clearstream |
|
|
| CUSIP: |
|
86562M DC1 |
|
|
| ISIN: |
|
US86562MDC10 |
|
|
| Common Code: |
|
264860822 |
|
|
| Legal Entity Identifier: |
|
35380028MYWPB6AUO129 |
|
|
| Joint Lead Managers and Joint Bookrunners: |
|
SMBC Nikko Securities America, Inc. Goldman
Sachs & Co. LLC Jefferies LLC Citigroup Global
Markets Inc. |
|
|
|
|
|
| Co-Managers: |
|
Barclays Capital Inc. BofA Securities Inc.
J.P. Morgan Securities LLC Nomura Securities International,
Inc. Daiwa Capital Markets America Inc. HSBC Securities (USA)
Inc. Academy Securities Inc. CastleOak Securities L.P.
Samuel A. Ramirez & Company, Inc. Siebert Williams
Shank & Co., LLC |
|
|
| Stabilization Manager: |
|
SMBC Nikko Securities America, Inc. |
|
|
| Trustee, Paying Agent, Transfer Agent and Registrar: |
|
The Bank of New York Mellon |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or
withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) and a preliminary prospectus supplement with the
SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer has filed with the SEC for more complete
information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send
you the prospectus and the preliminary prospectus supplement if you request it by calling SMBC Nikko Securities America, Inc. toll-free at
1-888-868-6856, Goldman Sachs & Co. LLC at 1-212-902-1171 (Prospectus Department), Jefferies LLC at 1-212-284-2300 and
Citigroup Global Markets Inc. toll-free at 1-800-831-9146 or by calling SMFG’s investor relations department at 81-3-3282-8111.
No PRIIPs KID or U.K. PRIIPs KID -
No PRIIPs key information document (KID) or U.K. PRIIPs KID has been prepared as not available to retail in EEA or U.K., respectively. See “PROHIBITION OF SALES TO EEA RETAIL INVESTORS” and “PROHIBITION OF SALES TO U.K. RETAIL
INVESTORS” in the preliminary prospectus supplement dated July 6, 2023.
This communication is intended for the sole use of the person to
whom it is provided by us.
This notice does not constitute an offer to sell or a solicitation of an offer to buy or an advertisement in respect of
Notes in any jurisdiction where such offer or solicitation or advertisement would be unlawful.
Any disclaimer or other notice that may appear
below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.
Pricing Term Sheet – 5.776% Senior Notes due 2033
|
|
|
| Issuer: |
|
Sumitomo Mitsui Financial Group, Inc. (“SMFG”) |
|
|
| Securities Offered: |
|
U.S.$650,000,000 aggregate principal amount of 5.776% senior notes due 2033 (the “Notes”) |
|
|
| Offer and Sale: |
|
SEC registered |
|
|
| Expected Security Ratings: |
|
A1 (Moody’s) / A- (S&P) |
|
|
| Denomination: |
|
U.S.$200,000 and integral multiples of U.S.$1,000 in excess thereof |
|
|
| Offering Price: |
|
100.000% |
|
|
| Pricing Date: |
|
July 6, 2023 |
|
|
| Settlement Date: |
|
July 13, 2023 |
|
|
| Maturity Date: |
|
July 13, 2033 |
|
|
| Redemption: |
|
The Notes will only be redeemable at SMFG’s option, subject to prior confirmation of the Financial Services Agency of Japan (if such confirmation is required under applicable Japanese laws or regulations then in effect), upon
the occurrence of certain changes in tax law, as set forth in the preliminary prospectus supplement dated July 6, 2023 |
|
|
| Ranking of the Notes: |
|
The Notes will constitute direct, unconditional, unsecured and unsubordinated general obligations of SMFG and will at all times rank pari passu without any preference among themselves and with all other unsecured obligations
of SMFG, other than subordinated obligations of SMFG and except for statutorily preferred obligations |
|
|
| Coupon Payment Dates: |
|
Payable semiannually in arrears on January 13 and July 13 of each year beginning on January 13, 2024. Such semiannual interest will amount to U.S.$28.88 per U.S.$1,000 in nominal amount of the Notes for each interest
payment date |
|
|
| Spread to Benchmark: |
|
T+175 bps |
|
|
| Coupon: |
|
5.776% |
|
|
| Day Count Basis: |
|
30/360, unadjusted |
|
|
| Business Day: |
|
New York, London and Tokyo |
|
|
| Use of Proceeds: |
|
SMFG intends to use the net proceeds of the offering to extend unsecured loans, intended to qualify as internal TLAC, to Sumitomo Mitsui Banking Corporation (“SMBC”) and SMBC intends to use the proceeds of the loans for
general corporate purposes |
|
|
| Listing: |
|
Luxembourg Stock Exchange’s Euro MTF Market |
|
|
| Settlement: |
|
DTC, Euroclear and Clearstream |
|
|
| CUSIP: |
|
86562M DD9 |
|
|
| ISIN: |
|
US86562MDD92 |
|
|
| Common Code: |
|
264860849 |
|
|
| Legal Entity Identifier: |
|
35380028MYWPB6AUO129 |
|
|
| Joint Lead Managers and Joint Bookrunners: |
|
SMBC Nikko Securities America, Inc. Goldman
Sachs & Co. LLC Jefferies LLC Citigroup Global
Markets Inc. |
|
|
|
|
|
| Co-Managers: |
|
Barclays Capital Inc. BofA Securities Inc.
J.P. Morgan Securities LLC Nomura Securities International,
Inc. Daiwa Capital Markets America Inc. HSBC Securities (USA)
Inc. Academy Securities Inc. CastleOak Securities L.P.
Samuel A. Ramirez & Company, Inc. Siebert Williams
Shank & Co., LLC |
|
|
| Stabilization Manager: |
|
SMBC Nikko Securities America, Inc. |
|
|
| Trustee, Paying Agent, Transfer Agent and Registrar: |
|
The Bank of New York Mellon |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or
withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) and a preliminary prospectus supplement with the
SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer has filed with the SEC for more complete
information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send
you the prospectus and the preliminary prospectus supplement if you request it by calling SMBC Nikko Securities America, Inc. toll-free at
1-888-868-6856, Goldman Sachs & Co. LLC at 1-212-902-1171 (Prospectus Department), Jefferies LLC at 1-212-284-2300 and
Citigroup Global Markets Inc. toll-free at 1-800-831-9146 or by calling SMFG’s investor relations department at 81-3-3282-8111.
No PRIIPs KID or U.K. PRIIPs KID -
No PRIIPs key information document (KID) or U.K. PRIIPs KID has been prepared as not available to retail in EEA or U.K., respectively. See “PROHIBITION OF SALES TO EEA RETAIL INVESTORS” and “PROHIBITION OF SALES TO U.K. RETAIL
INVESTORS” in the preliminary prospectus supplement dated July 6, 2023.
This communication is intended for the sole use of the person to
whom it is provided by us.
This notice does not constitute an offer to sell or a solicitation of an offer to buy or an advertisement in respect of
Notes in any jurisdiction where such offer or solicitation or advertisement would be unlawful.
Any disclaimer or other notice that may appear
below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.
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