JBIC feeds hungry dollar investors four tranche feast

By Lewis McLellan
13 Jul 2017

The Japan Bank for International Co-operation (JBIC) found traction with a stellar four tranche offering on Thursday, gratifying investors feeling the pinch from a year that has been somewhat light on dollar supply.

The Japanese agency hit the whole dollar curve, raising a combined $5bn with the deal, which was run by a syndicate comprising Bank of America Merrill Lynch, Daiwa, JP Morgan and Nomura. GlobalCapital understands that the combined book was over $16bn.

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