RBS issues inaugural Samurai bond

Royal Bank of Scotland raises $1.3 billion in the Japanese market after the initial offer is upsized.

Royal Bank of Scotland RBS has become the second UK bank to tap JapanÆs investor base, raising Ñ141 billion $1.3 billion on Tuesday. The only other UK bank to sell bonds in Japan was Barclays Bank, which raised Ñ50 billion through a Samurai deal in 2007. The RBS bond was lead managed by RBS in Tokyo and Daiwa Securities SMBC.

The deal will bring welcome liquidity from a new source to RBSÆs balance sheet, and raise the bankÆs...

To continue reading, please login or register for free

Click for more on: royal bank of scotland | samurai

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...