Sidley represented the underwriters in a US$1 billion SEC-registered offering by Smith & Nephew plc, a leading LSE- and NYSE-listed portfolio medical technology company headquartered in the United Kingdom. The offering, which closed on October 14, 2020, consisted of US$1 billion aggregate principal amount of 2.032% notes due 2030. The underwriters were BofA Securities, J.P. Morgan Securities, SMBC Nikko Securities America, Mizuho Securities USA, Bank of China Limited, London Branch, HSBC Securities (USA), SG Americas Securities, and Wells Fargo Securities.
The Sidley Capital Markets team in London was led by partners Mark Walsh and Nigel Wilson, supported by associates Dominic Nelson and David Kucharski, and trainee Alistair Gunn. Additional support was provided by partner Nick Brown and associate Galya Savir (U.S. Tax – New York) and partner Oliver Currall and associate Caleb McConnell (UK Tax – London).
