Our Toronto office acted for Visa Inc. on its completed €3.0bn cross-border offering of senior notes, which included:

  • €1.35bn of 1.5 % senior notes due 2026,
  • €1.0bn of 2.0% senior notes due 2029, and
  • €650m of 2.375% senior notes due 2034.

The net proceeds of the offering of the notes are intended to be used by Visa for general corporate purposes.

The offering was made through a syndicate of underwriters consisting of J.P. Morgan Securities plc, Barclays Bank PLC, Citigroup Global Markets Limited, HSBC Bank plc, Merrill Lynch International, Deutsche Bank AG (London branch), Goldman Sachs & Co. LLC, MUFG Securities EMEA plc, RBC Europe Limited, Standard Chartered Bank, The Toronto-Dominion Bank, U.S. Bancorp Investments, Inc. and Wells Fargo Securities International Limited.