New Issue-Renault sells 50 bln yen in samurai bonds

Newswire

TOKYO, Dec 6 (Reuters) - French auto maker Renault SA is selling 50 billion yen ($430 million) of five-year samurai bonds with a 1.77 percent coupon on Wednesday, co-lead manager Nikko Citigroup said.

Daiwa Securities SMBC is the other lead manager.

The issue was priced at par.

Samurai bonds are yen bonds issued in Japan by non-Japanese entities.

The details are as ...

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