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SBI Shinsei Bank to Debut After Second-Biggest Japan IPO of 2025

Bloomberg
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SBI Shinsei Bank to Debut After Second-Biggest Japan IPO of 2025

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The SBI Shinsei Bank Ltd. head office in Tokyo.SBI Shinsei Bank Ltd. will start trading in Tokyo on Wednesday after raising ¥322 billion ($2.1 billion) in Japan’s second-biggest initial public offering of the year.The sale saw the shares pricedBloomberg Terminal at ¥1,450 per share, the upper end of the bookbuildingBloomberg Terminal range giving it a market value of ¥1.3 trillion. Norinchukin Bank and KKR & Co. were among the subscribers, while global investors including Qatar Investment Authority, M&G Investment Management and Blackrock also showed interest in buying a stake.

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