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Genworth Common Stock Offering
9/21/2009
Davis Polk & Wardwell LLP advised Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Deutsche Bank Securities Inc. as bookrunners on an SEC-registered offering by Genworth Financial, Inc. of 55,200,000 shares of its Class A common stock for approximately $622 million.

Genworth is a leading U.S. insurance company with an expanding international presence, serving the life and lifestyle protection, retirement income, investment and mortgage insurance needs of more than 15 million customers. Genworth conducts operations in more than 25 countries.

The Davis Polk corporate team included partners Richard J. Sandler and Maurice Blanco and associates Wendi Hoeben, Y. Jung Choi, Hannine Drake and Joel Pulliam. Partner Harry Ballan and associate Yuliya Epifantseva provided tax advice. Amarilys Katy Barbosa was the legal assistant for the transaction. All members of the Davis Polk team work in the New York office.