TSE:8001Trade Distributors
ITOCHU’s US$750m Eurobond Shapes Funding Mix And Investor Focus
ITOCHU (TSE:8001) issued a $750 million Eurobond with a 4.228% coupon, maturing in 2029.
The transaction represents a new fixed income financing step in the company’s funding mix.
The size and terms of the deal may influence ITOCHU's future financing costs and balance sheet profile.
ITOCHU, a diversified trading and investment group, often taps global capital markets alongside bank lending to support its broad portfolio of businesses. This new 2029 Eurobond adds another funding source that...