Samurai Market Issuances Boom as Renault Prices Jumbo Deal

Renault SA, Slovenia and Shinhan Bank Co. priced Samurai bonds on Friday, marking the most active day for that market in at least a decade. The deals, which raised over ¥160 billion ($1.04 billion), included this year’s largest single tranche, from the French automaker.

The deals signal a possible rebound in demand for yen-denominated bonds from overseas issuers, as investors were drawn by higher yields compared to domestic debt with similar ratings.