Sullivan & Cromwell LLP Logo
  • Home
  • Lawyers
  • Practices
  • Insights
  • About
  • Careers
  • Alumni
  • Twitter icon
  • LinkedIn icon
  •  icon
  • Podcasts icon
© 2025 Sullivan & Cromwell LLP
    • Home
    • Lawyers
    • Practices
    • Insights
    • About
    • Careers
    • Alumni
    Home /  About /  News And Events /  Client Highlights
    Client Highlights

    S&C Advises Underwriters in Aflac Sustainability Offering

    • Our Lawyers
    • Related Practices
    March 31, 2021

    Aflac Inc., a leading provider of supplemental health and life insurance in the United States and Japan, completed its $400 million inaugural sustainability bond offering. The notes were issued pursuant to Aflac’s new Sustainability Bond Framework.

    The net proceeds will be allocated exclusively to investments in, or financing of, projects or assets that provide environmental and social benefits. Eligible sustainability projects include renewable energy, energy efficiency, clean transportation and investments and financings that seek to improve equity and inclusion of target populations. S&C represented the underwriters, led by Goldman Sachs & Co. LLC, Mizuho Securities USA LLC, Academy Securities, Inc., Drexel Hamilton LLC and Wells Fargo Securities, LLC.

    The S&C team advising on the deal included Marion Leydier and Bonnie Macfarlane. Samuel Saunders and Sarah Mishkin advised on ESG-related matters. Jeff Hochberg and Saul Brander advised on tax matters. Esther Jeapes and Kirsten Rodger advised on U.K. and EU-related matters.

    Read More
    Stay Updated

    Subscribe to stay current on S&C Insights.

    Our Lawyers

    Our Lawyers

    Saul Brander Headshot Photo
    Saul Brander
    New York
    +1-212-558-4000
    Email
    vCard
    Jeffrey D. Hochberg Headshot Photo
    Jeffrey D. Hochberg
    New York
    +1-212-558-3266
    Email
    vCard
    Marion C. Leydier Headshot Photo
    Marion C. Leydier
    New York
    +1-212-558-4000
    Email
    vCard
    Read More

    Related Practices

    • Capital Markets
    • Energy Transition
    • Environmental, Social and Governance (ESG)
    • Europe
    Sullivan & Cromwell LLP Logo
    • Twitter icon
    • LinkedIn icon
    • RSS Feed icon
    • Podcasts icon
    • Home
    • Contact Us
    • Information Policy Relating to Cookies
    • Privacy Policy
    • California Privacy Policy
    • Website Notice
    • Attorney Advertising Notice
    © 2025 Sullivan & Cromwell LLP