Wal-Mart on track with debut Samurai
Wal-Mart, the world’s biggest retailer, is set to price its debut Samurai bond tomorrow in a Y100bn ($930m) deal that again shows the resilience of the Japanese market in a time of global turmoil. Double A rated Wal-Mart is the first retailer to sell Samurai bonds since 1979, and the impressive size has caught the attention of high-grade issuers around the world. Read EuroWeek this week for the details, and what this means for Japan’s shining Samurai market.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts