Simpson Thacher recently represented the international managers in connection with JX Advanced Metals Corporation’s ¥381 billion (approximately US$2.5 billion) initial public offering on the Tokyo Stock Exchange, including an offering to institutional investors outside Japan pursuant to Rule 144A, and to institutional investors outside Japan and the United States pursuant to Regulation S. The shares in the international offering consisted of existing shares sold by the selling shareholder and parent company, ENEOS Holdings, Inc.
JX Advanced Metals Corporation is a leading global producer and supplier of copper and minor metal materials that focuses on the supply of advanced materials for the semiconductor and ICT industries.
The international managers for the international offering were Daiwa Capital Markets Europe Limited, J.P. Morgan Securities plc, Morgan Stanley & Co. International plc., Mizuho International plc., Merrill Lynch International, Nomura International plc and Goldman Sachs International.
The Simpson Thacher team included Taki Saito, Xochitl Romo, Anni Cai, and Andrew Weiss (Capital Markets); Jon Cantor and Benjamin Bressler (Tax); Timothy Mulvihill (Environmental); Rachael Foust (Restructuring); Jeanne Annarumma (Executive Compensation and Employee Benefits); and Jennie Getsin (FINRA and Blue Sky).