The Business Times
SUBSCRIBERS

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
Share this article.

[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…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here