Japan's First Nuclear Transition Bond Attracts Solid Demand [Yahoo! Finance]
DAIWA SECS GROUP S/ADR (DSEEY)
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Source: Yahoo! Finance
projects, getting robust demand from investors for a deal with a controversial use of proceeds. Most Read from Bloomberg Israeli Airstrike, Egyptian Guard's Death Ratchet Up Tensions Wall Street Moves to Fastest Settlement of Trades in a Century For Private Credit's Top Talent, $1 Million a Year Is Not Enough Catering to the Ultra-Rich Is a Booming Business in Australia Musk's xAI Raises $6 Billion in Bid to Challenge OpenAI The power company based in the country's southernmost major island priced a dual-tranche transition bond on Tuesday, according to underwriters. It's planning to use the funds to refinance investment in nuclear-related projects including existing emergency response centers for incidents such as a plane crash or terrorist attack. The issuance comes as the nation's push to become carbon neutral by 2050 has increased the appeal of nuclear energy even as it struggles to find new disposal sites for radioactive waste. Kyushu Electric previously faced limi
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