Japan Airlines (JAL) has priced its ¥150bn issuance of BBB+ rated hybrid bonds at 1.600%.
Bookrunners are Mitsubishi UFJ and Morgan Stanley (administrative lead manager), with Daiwa, BofA Securities Japan and SMBC Nikko Securities.
JAL prices hybrid bonds
Japan Airlines (JAL) has priced its ¥150bn issuance of BBB+ rated hybrid bonds at 1.600%.
Bookrunners are Mitsubishi UFJ and Morgan Stanley (administrative lead manager), with Daiwa, BofA Securities Japan and SMBC Nikko Securities.