The Firm recently represented Japan’s Aozora Bank in connection with the secondary offering of 591,250,000 shares of common stock by Cerberus NCB Acquisition, L.P., which included an international offering to institutional investors pursuant to Rule 144A and Regulation S. The offering raised approximately ¥133 billion (US$1.5 billion) for the selling shareholder. Citigroup, Morgan Stanley, Goldman Sachs and Barclays acted as joint international managers for the offering.
The Simpson Thacher team for the offering included David Sneider, Alan Cannon, Reid Monroe-Sheridan and Nirav Mehta (Capital Markets), and Rob Holo and Adam Wells (Tax).