Nippon Prologis REIT’s Follow-On Offering of Investment Units

Simpson Thacher Represented the international managers in connection with a follow-on offering of investment units by Nippon Prologis REIT, Inc.

The offering included an international offering to institutional investors pursuant to Rule 144A and Regulation S. The offering raised approximately ¥34.1 billion for the issuer, which was used with bank financing and cash on hand toward the repayment of bridge loans entered into to acquire logistics facilities and will be used to fund the acquisition of additional logistics facilities.

Morgan Stanley, SMBC Nikko, Goldman Sachs International, BofA Merrill Lynch and Mizuho International plc acted as international joint lead managers for the offering.

The Simpson Thacher team included Alan Cannon (Picture), David Snowden and Yu Mizutani (Capital Markets); Jonathan Cantor and Abigail Hopper (Tax); and Jennie Getsin (Blue Sky).

Involved fees earner: Alan Cannon – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Jennie Getsin – Simpson Thacher & Bartlett; Abigail Hopper – Simpson Thacher & Bartlett; Yu Mizutani – Simpson Thacher & Bartlett; David Snowden – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Bank of America Merrill Lynch; Goldman Sachs International; Mizuho Bank; Morgan Stanley; Smbc Nikko Capital Markets Limited;

Author: Michael Patrini