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Mitsui overcomes rating threat with BOJ stimulus
Central bank's bond-buyingpushes down funding costs for firm
Published Mon, Aug 11, 2014 · 10:00 PM
[TOKYO] The Bank of Japan's unprecedented stimulus has helped Mitsui OSK Lines overcome a junk rating threat as bond investors held onto the notes of the world's largest merchant shipping line.
The extra yield over government debt that investors demand to own the company's 0.461 per cent bonds due 2017 fell t…
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