Japan

AMX May Price Samurai This Week

Mexico Japan Bonds

America Movil (AMX) is expected to price a Samurai bond as soon as this week after guidance was heard released at yen Libor plus 70-90bp for a three-year fixed-rate tranc...

Codelco Borrows from Offtaker for M&A

Chile Japan Loans

Taking the unusual step of turning to an offtaker for financing rather than banks, Codelco has agreed to a standby bridge loan of up to $6.75bn from Japan's Mitsui and Co...

Court Clears Way for Kirin Brazil Entry

Brazil Japan M&A

A Brazilian court has lifted an injunction blocking the sale of a majority stake in brewer Schincariol to Japan’s Kirin, says a lawyer on the deal. In a matter of days, t...

AMX Gets Japanese Rating

Mexico Japan Bonds

Japan Credit Rating Agency has assigned an A rating with stable outlook to Japanese yen-denominated bonds from America Movil (AMX). The Mexican wireless operator was hea...

Mexico Awaits Samurai Feedback

Mexico Japan Bonds

A Samurai bond without a JBIC guarantee is still on the cards for Mexico, but it appears that timing could be pushed back given the unease pervading market sentiment. “Fo...

AMX Sounding Out Japanese Accounts

Mexico Japan Bonds

America Movil (AMX) is heard sounding out Japanese accounts for a potential Samurai transaction with Mitsubishi UFJ-Morgan Stanley and Mizuho. Additional details were not...

Fibria Reaches Non-Core Sale Agreement

Brazil Japan M&A

Fibria has agreed to sell $313m in non-core assets to Oji Paper, firming up a process started last month when Fibria entered into exclusive talks with the Japanese buyer....

Mexico Tracks Market for Potential Samurai

Mexico Japan Bonds

Mexico’s fixed-income investor meetings in Japan at the end of August were successful, and may result in a Samurai bond transaction as soon as market conditions permit, a...

Mexico Considers 5-Year on Standalone Samurai

Mexico Japan Bonds

Mexico is looking at a tenor in the 5-year range as it prepares to engage Japanese investors next week about the possibly of issuing a Samurai bond without a JBIC guarant...

Mexico to Meet Japanese Investors

Mexico Japan Bonds

Mexico is set to kick off non-deal roadshows in Japan as it eyes the possibility of tapping the Samurai market without a JBIC guarantee. Citigroup, Bank of Tokyo Mitsubis...

Japanese Buyer Set for Fibria Assets

Brazil Japan M&A

Japan’s Oji Paper has entered into exclusive talks to purchase the $313m in assets that Brazil’s Fibria put on the block this year. The two could finalize a deal for the ...

Kirin Seen Paying Premium to Enter Brazil

Brazil Japan M&A

Kirin’s BRL3.95bn ($2.52bn) purchase of a 50.45% stake in Brazilian brewer Schincariol is seen as expensive, but the Japanese acquirer was prepared to pay more than compe...

Schincariol Shareholders Sue to Stop Sale

Brazil Japan M&A

Schincariol Shareholders Sue to Stop Sale Minority shareholders at Brazilian brewer Schincariol filed suit Tuesday to halt the sale of the 50.45% stake held by their cou...

PDVSA Signs Loan with Itochu

Venezuela Asia Japan

PDVSA has signed an agreement for a $750m 15 year loan with Japan’s Itochu. Itochu has also signed a 15 year off-take agreement for PDVSA’s Santa Barbara crude oil. JBIC ...

Mexichem Looking for up to $3bn

Mexico Japan Loans

Mexichem is looking for up to $3bn through a 3-5 year revolving loan facility as it searches for acquisition targets in the chlorine, fluorine and high-end plastics secto...