NS Group, Inc. Completes ¥34.2 Billion Initial Public Offering

Simpson Thacher represented NS Group, Inc., a portfolio company of Bain Capital, in connection with its initial public offering on the Tokyo Stock Exchange. The transaction comprised a ¥34.2 billion (approximately US$221 million) initial public offering on the Tokyo Stock Exchange. The offering included an international component 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 shareholders BCPE Say Cayman, L.P. and BCPE Say Cayman2, L.P., funds affiliated with Bain Capital. NS Group, Inc. provides rent guarantee services and rent collection services to rental real estate companies in Japan. The international joint lead managers for the international offering were SMBC Bank International plc, Daiwa Capital Markets Europe Limited and J.P. Morgan Securities plc. Simpson Thacher represented NS Group, Inc. with a team composed by: Taki Saito, Xochitl Romo and Andrew Weiss (Capital Markets); Jon Cantor (Tax); and Erica Rozow and Jeanne Annarumma (Executive Compensation and Employee Benefits).

NS Group, Inc. Completes ¥34.2 Billion Initial Public Offering

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