From Yahoo Finance: 2025-06-12 21:56:00

SBI Shinsei Bank plans to relist on the Tokyo Stock Exchange by the end of the year, aiming for a valuation of around 1.5 trillion yen. SBI Holdings’ shares surged by over 3% on news of the listing plan, while the Nikkei was down 1.25%. Nomura and Goldman Sachs are joint global coordinators for the listing.

SBI Shinsei Bank, previously sold to private equity investors after going bankrupt in the 1990s, aims to repay the roughly 230 billion yen in public funds injected into the bank before the relisting. SBI Holdings recently raised around 290 billion yen by issuing new shares and selling its stake in SBI Sumishin Net Bank to NTT Docomo.



Read more at Yahoo Finance: Exclusive-SBI Shinsei Bank preparing to relist by year-end, sources say