SBI Shinsei sets range of 1,440 yen to 1,450 yen per share for IPO, filing shows
01/12/2025 06:51
TOKYO, Dec 1 (Reuters) - Japan's SBI Shinsei Bank, a unit of SBI Holdings 8473.T, has set a tentative price range of 1,440 yen to 1,450 yen ($9.25 to $9.32) per share for its initial public offering, a filing showed on Monday. The price range would entail a valuation of around 1.3 trillion yen and compares to a reference price of 1,440 yen set in November. Pricing is set to be finalised on December 8 and the market debut for December 17. SBI Shinsei became a subsidiary of SBI in 2021 and was taken private in 2023. ($1 = 155.6300 yen) (Reporting by Anton Bridge; Editing by Sonali Paul) ((Anton.Bridge@thomsonreuters.com;))
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