Sullivan & Cromwell LLP Logo
  • Home
  • Lawyers
  • Practices
  • Insights
  • About
  • Careers
  • Alumni
  • Client
© 2023 Sullivan & Cromwell LLP
    Home /  About /  News And Events /  Client Highlights
    Client Highlights

    S&C Advises Japan Post Bank in Follow-On Global Offering

    • Our Lawyers
    • Related Practices
    March 24, 2023

    On March 20, Japan Post Bank, one of the largest financial institutions in Japan, completed a ¥1.2 trillion ($9.2 billion) global offering of its common stock, including a public offering in Japan and an international offering outside Japan in reliance on Rule 144A and Regulation S.

    This offering is the bank’s first follow-on offering since it went public in November 2015, and represents a further step towards satisfying requirements under Japanese law to privatize the post office, postal savings and postal life insurance services in Japan. The offering is also expected to allow Japan Post Bank to satisfy the public-float requirement for continued listing on the Prime Market of the Tokyo Stock Exchange.

    The S&C team representing Japan Post Bank as issuer and Japan Post Holdings as selling shareholder in the international offering included Keiji Hatano, Nirav Mehta, Shihui Xiang and Eric Ressler. Jeff Hochberg, Saul Brander and Devin Risinger advised on U.S. tax matters. Anna Erickson advised on ERISA matters. Kirsten Rodger advised on U.K. and E.U. law-related matters.

    Read More
    Stay Updated

    Subscribe to stay current on S&C Insights.

    Our Lawyers

    Our Lawyers

    Keiji Hatano Headshot Photo
    Keiji Hatano
    Tokyo
    +81-3-3213-6171
    Email
    vCard
    Nirav N. Mehta Headshot Photo
    Nirav N. Mehta
    Tokyo
    +81-3-3213-6140
    Email
    vCard
    Shihui Xiang Headshot Photo
    Shihui Xiang
    Tokyo
    +81-3-3213-6140
    Email
    vCard
    Jeffrey D. Hochberg Headshot Photo
    Jeffrey D. Hochberg
    New York
    +1-212-558-3266
    Email
    vCard
    Saul Brander Headshot Photo
    Saul Brander
    New York
    +1-212-558-4000
    Email
    vCard
    Kirsten E.L. Rodger Headshot Photo
    Kirsten E.L. Rodger
    London
    +44-20-7959-8900
    Email
    vCard
    Read More

    Related Practices

    • Asia
    • Capital Markets
    • Financial Services Capital Markets
    • Tax
    Sullivan & Cromwell LLP Logo
    • Twitter icon
    • LinkedIn icon
    • RSS Feed icon
    • Podcasts icon
    • Home
    • Contact Us
    • Sitemap
    • Information Policy Relating to Cookies
    • Privacy Policy
    • California Privacy Policy
    • Website Notice
    • Attorney Advertising Notice
    © 2023 Sullivan & Cromwell LLP