The Tokyo office of Simpson Thacher recently represented Shinsei Bank, Limited in a global offering of common stock that raised approximately $869 million for the issuer. Morgan Stanley & Co. International plc and Nomura International plc were the joint lead managers and joint bookrunners. Approximately one-quarter of the shares in the offering were subscribed for by J. Christopher Flowers and investment vehicles advised by the investment firm J.C. Flowers & Co. LLC. The offering was conducted pursuant to Rule 144A and Regulation S.

Shinsei Bank is a leading diversified Japanese financial institution providing a range of financial products and services to both individual and institutional customers, with over ¥10 trillion in consolidated total assets as of December 31, 2010. 

The Simpson Thacher team included Alan Cannon, David Sneider, Tadashi Okamoto and Vincent Pace (Corporate) in Tokyo and Robert Holo and Chang Won Choi (Tax) in New York.