Financial Times FT.com

EDF’s samurai bond raises Japanese spirits

By Lindsay Whipp

Published: July 3 2009 19:43 | Last updated: July 3 2009 19:43

Japan’s samurai bond market showed further signs of rejuvenation on Friday as EDF of France became the first non-financial company to sell such bonds since the collapse of Lehman Brothers last September.

The power producer sold Y110.4bn ($1.15bn) in samurai bonds – yen-denominated debt issued in Japan by a foreign entity – with maturities ranging from three to seven years.

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