JBIC Raises $2B Via Bonds Sale

Japan Bank for International Cooperation has raised $2 billion through a sale of bonds.

Japan Bank for International Cooperation (JBIC) has raised $2 billion through a sale of bonds, Reuters reports. The notes carry a coupon rate of 2.250%.

The bonds are scheduled to mature on July 13, 2016. The Japanese public financial institution appointed BNP Paribas, Bank of America Merrill Lynch, Daiwa and JP Morgan as lead managers for the transaction.

Click here for the story from Reuters.