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Japan: Five largest Debt Offering deals by value (LTM June 2022)

  • A total of 218 Debt Offering deals (pending and completed) were announced in Japan, in the last twelve months resulting in a total deal value of over $44,036.3 million. In the LTM period, October 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $7,633.5 million, resulting in an average deal value of $282.7 million during that month. On the other hand, the month of February 2022 was the most prolific in terms of deal volume, recording a total of 33 deals, resulting in an average deal value of $129.7 million during that month.

  • Of the 218 deals, the deal secured between Development Bank of Japan Inc; Kansai Mirai Bank, Limited; Mizuho Bank Ltd; Mizuho Trust & Banking Co Ltd; San Ju San Financial Group Inc; Shinkin Central Bank; Sumitomo Mitsui Trust Bank Ltd; SURUGA bank Ltd; The Bank of Yokohama Ltd; The Chugoku Bank Ltd; The Hachijuni Bank Ltd; The Higo Bank, Ltd.; The Hokuriku Bank Ltd.; The Hyakujushi Bank Ltd; The Norinchukin Bank; The Saikyo Bank, Ltd.; The San-in Godo Bank Ltd; The Tochigi Bank Ltd; The Yamaguchi Bank Ltd and Kawasaki Kisen Kaisha Ltd, was the largest Debt Offering deal in the Japan, which was valued at $993.3 million and was completed on September 27, 2021. The second-largest deal was between Capfi Delen Asset Management; Commerzbank AG; Danske Bank Private Banking; European Investment Bank; Schroders Plc and Development Bank of Japan Inc, while the third-largest deal was between Ashikaga Bank Ltd; Mizuho Bank Ltd; Shinkin Central Bank; The Bank of Iwate Ltd; The Bank of Kyoto Ltd; The Higo Bank, Ltd.; The Keiyo Bank Ltd; The Musashino Bank Ltd; The Oita Bank Ltd; The San-in Godo Bank Ltd; The Senshu Ikeda Bank, Ltd.; The Toho Bank Ltd and Tokyo Century Corp. The Capfi Delen Asset Management; Commerzbank AG; Danske Bank Private Banking; European Investment Bank; Schroders Plc-Development Bank of Japan Inc deal and the Ashikaga Bank Ltd; Mizuho Bank Ltd; Shinkin Central Bank; The Bank of Iwate Ltd; The Bank of Kyoto Ltd; The Higo Bank, Ltd.; The Keiyo Bank Ltd; The Musashino Bank Ltd; The Oita Bank Ltd; The San-in Godo Bank Ltd; The Senshu Ikeda Bank, Ltd.; The Toho Bank Ltd-Tokyo Century Corp deal were valued at $711.3 million and $456.0 million, respectively. The fourth-largest deal was between Credit Agricole Corporate and Investment Bank SA; Mizuho Bank Europe N.V; MUFG Bank (Europe) N.V.; SMBC Bank International plc-SoftBank Corp valued at $287.5 million, whereas the deal between Asset Management One Co., Ltd; Daiichi Kensetsu Co.,Ltd.; Juroku Bank; Manulife Investment Management (Japan) Limited; Shizuoka Credit Agricultural Cooperative Association; Sumitomo Mitsui Trust Asset Management Co., Ltd.; Techno Ryowa Ltd.; The 77 Bank Ltd; The Toa Reinsurance Company Ltd (Malaysia); Tokio Marine Asset Management Co., Ltd.; Tokyo Kiraboshi Financial Group, Inc-Aeon Mall Co Ltd valued at $165.2 million was the fifth-largest deal.

  • Cumulatively, the top five deals amounted to $2,613.2 million and accounted for nearly 5.93% of the total deals (by value) announced during the last twelve months.

Japan: Five largest Debt Offering deals by value (LTM June 2022)

Published: June 2022
Source: GlobalData

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