Nomura Loses More Bond Deals After Information Leak
- At least five issuers have dropped the bank as underwriter
- Nomura faces penalty after information inappropriately shared
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Nomura Holdings Inc. has lost more bond underwriting deals following revelations that its employees inappropriately shared sensitive stock market information.
Honda Finance Co., Komatsu Ltd., and Tokyo Metro Co. dropped Nomura as a joint lead manager of yen bond sales, according to details provided separately on Monday by other managers on the deals. Fuji Oil Holdings Inc. did the same, joining Osaka Gas Co., which said last week that it excluded the firm from a planned yen debt sale.