Visa Inc. completes US$3.25 billion offering of senior notes

On Aug. 17, Visa Inc. completed an aggregate of US$3.25 billion of senior notes, which included US$500 million of 0.750 per cent senior notes due 2027, US$1.0 billion of 1.100 per cent senior notes due 2031 and US$1.750 billion of 2.000 per cent senior notes due 2050. The proceeds of the offering of the notes are to be used by Visa for certain “eligible green projects” and for general corporate purposes.

The offering was made through a syndicate of underwriters consisting of BofA Securities, Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., MUFG Securities Americas Inc., RBC Capital Markets, LLC, Standard Chartered Bank, TD Securities (USA) LLC, Truist Securities, Inc., U.S. Bancorp Investments, Inc., Loop Capital Markets LLC, Guzman & Company, Mischler Financial Group, Inc., Samuel A. Ramirez & Company, Inc., and Siebert Williams Shank & Co., LLC.

Norton Rose Fulbright Canada LLP acted as Canadian counsel to Visa with a team that included 
Troy Ungerman
Pierre Dagenais, 

and Sean Williamson.

Davis Polk & Wardwell LLP advised Visa in the U.S. with a team that included
David Li,

John H. Runne.

Kirkland & Ellis LLP advised the underwriters with a team that included
Zoey Hitzert,

and Asher Qazi.