We advised the arrangers and dealers on the update and the joint bookrunners on the drawdown

Davis Polk advised the arrangers and dealers in connection with the update of the $18 billion global medium-term note and securities program by AIA Group Limited, and the joint bookrunners in connection with a drawdown under the program consisting of S$800 million 3.58% subordinated securities due 2035.

AIA Group Limited is the holding company of the largest independent publicly listed pan-Asian life insurance group in the world. It operates wholly owned subsidiaries or branches in 17 markets in Asia – Mainland China, Hong Kong (which includes Macau), Thailand, Singapore (which includes Brunei) and Malaysia, Australia, New Zealand, Cambodia, Indonesia, South Korea, Sri Lanka, the Philippines, Taiwan (China), Vietnam and Myanmar. AIA offers a broad and diversified suite of products, including life insurance, accident and health insurance, savings plans, employee benefits, credit life and pension products, as well as health and wellness programs.

The Davis Polk corporate team included partner James C. Lin, counsel Bingqing Pan and associate Sean Su. All members of the Davis Polk team are based in the Hong Kong office.