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Published on 11/13/2020 in the Prospect News Investment Grade Daily.

Fitch changes Nomura view to stable

Fitch Ratings said it revised the outlooks for Nomura Holdings, Inc., Nomura Securities Co. Ltd. and Nomura Financial Products & Services, Inc. to stable from negative.

The outlook revision on Nomura to stable is driven by the affirmation of the support rating floor at A-, and Fitch’s expectation that SRF will remain at least at that level while Japan’s sovereign rating is in the A rating category, the agency said.


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