Davis Polk advised the dealer managers in connection with cash tender offers by Commonwealth Bank of Australia to purchase certain of its outstanding debt securities.

Headquartered in Sydney, Commonwealth Bank of Australia is one of Australia’s leading providers of financial services, including retail, business and institutional banking and wealth management.

The Davis Polk corporate team included partners Reuven B. Young and Marcel Fausten and counsel Radoslaw Michalak. Counsel Alon Gurfinkel and associates Omer Harel and Veronica Davis provided U.S. tax advice. Members of the Davis Polk team are based in the London and New York offices.