Takahiro Okamoto is an analyst for IFR Markets, IFR’s real-time market commentary service, and reporter for International Financing Review based in Tokyo. Takahiro has worked for Thomson Reuters since 2000 initially covering the Japanese money market, then yen interest rate swaps, swaptions, and JGBs. From 2011 to 2016, he contributed yen swap commentary on a daily basis to DealWatch, Thomson Reuters’ Japanese language publication, and Reuters News. In 2016, he started covering the international yen debt capital market including Samurai.
Japanese real estate firm Hulic on January 19 issued ¥50bn (US$451m) of 35-year non-call 5-year subordinated bonds, its first issue of such bonds and only the eighth sale of hybrids by a non-financial company in Japan.
BPCE left nothing to chance in its quest for tight pricing on Japan’s first Samurai issue of 2018, a dual-tranche offering of senior preferred and senior non-preferred bonds.
French bank BPCE has opened Japan’s Samurai market for 2018 with a ¥100bn-plus dual offering of senior preferred and senior non-preferred bonds.