Simpson Thacher recently represented The Dai-ichi Life Insurance Company, Limited in connection with its offering of $2 billion of 6.200% Step-up Callable Perpetual Subordinated Notes to institutional investors outside Japan pursuant to Rule 144A and Regulation S under the Securities Act.
The Dai-ichi Life Insurance Company, Limited is one of the largest life insurance companies in Japan.
The representatives of the initial purchasers for the offering were Goldman Sachs & Co. LLC, Mizuho Securities USA LLC, J.P. Morgan Securities LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC and Nomura Securities International, Inc.
The Simpson Thacher team included David Snowden, Weiwei Chen and Anni Cai (Capital Markets); Jeanne Annarumma (Executive Compensation and Employee Benefits); and Jonathan Cantor and Sean Largey (Tax).