Samurai bond spreads widen after GM stunner

Newswire

By Chikako Mogi TOKYO, March 17 (Reuters) - Spreads on Samurai bonds widened on Thursday, suffering after a profit warning by General Motors Corp. roiled global credit markets and the giant corporate bond issuer came one step closer to being rated junk. Analysts said investors in Samurais, yen-denominated bonds issued in Japan by a foreign entity, were unsettled by how widely GM's warning shook U.S. financial markets, hurting credit spreads across the board. The world's biggest auto ...

Premium Content (PAID Subscription Required)

"Samurai bond spreads widen after GM stunner" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×