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Development Bank of Japan sets talk for notes due 2026, 2031
By Devika Patel and Cristal Cody
Knoxville, Tenn., Oct. 12 – Development Bank of Japan Inc. intends to price two tranches of dollar-denominated senior notes in a Rule 144A and Regulation S offering, according to a market source.
The deal includes notes due Oct. 20, 2026 with initial talk in the mid-swaps plus 16 basis points area and notes due Oct. 20, 2031 with initial talk in the mid-swaps plus 28 bps area.
Citigroup, Daiwa Securities, Goldman Sachs and JPMorgan are the bookrunners.
Development Bank of Japan is a Tokyo-based financial services and investment company owned by the government of Japan.
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