They priced more than JPY530 billion ($4.76 billion) of bonds in total, with maturities of mainly 10 years or less, in one of the busiest days this year.
Borrowers are finding a silver lining in this week’s surge in Japanese bond yields with higher rates attracting credit investors.
At least 10 issuers including drinks producers Kirin Holdings and Suntory Holdings, as well as real estate company Mitsui Fudosan and the Republic of Indonesia rushed to the market Friday.
