Japan Hybrid Bond Revival Driven by Acquisitions, Yield-Chasers
Japan’s hybrid bond issuance is rebounding, driven by yield-hungry investors and by borrowers looking to fund acquisitions and repayments needs while avoiding equity dilution.
By Atsuko Fukase · Bloomberg Markets
Japan’s hybrid bond issuance is rebounding, driven by yield-hungry investors and by borrowers looking to fund acquisitions and repayments needs while avoiding equity dilution.